Daily Forecast – Share Market – December 20th, 2021

Buying opportunities for Equities | Index traders – Be Careful

Saturn with Sun is trying to lead the market, well affected by Rahu, Ketu, Moon, Mars and Venus. Indications from Rahu and Ketu, which are affecting lord of foreign lands, means cues from foreign lands may not be supporting our market. Impact of Covid may give some pressure. Globally, OMICRON cases are rising very fast. Around 80 countries are now influenced with this OMIRON.

Local cues are also bit reserved, hence chances of ups and downs or pressure from upper levels possible.

Indexes are not safe for the business for a while, let the planetary position and global position improve, but investors in equities for long term investors must look for opportunities for blue chip or good companies of their choice.

Casual traders must plan for rest during these days (saved money is at times like earned money). Avoid unnecessary trades. Investments in MFs and SIPs are running enjoy the benefit.

Area of interest will be in the segment of defence, agriculture, textiles, Paper, pathology laboratories, Pharmaceuticals, IT, communication, e-entertainment, space, web, banks at better rates, power, renewable energy, chemicals, bio-technology, electronic devices like chips and related areas etc.

Trade with care during this ups and down market. Situation is to take precautions and protect funds.

Indian Currency

Indian Rupee may trade in between 75.40 to 76.20 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.