Nifty Prediction : Nifty may look better | Stock specific investment

Daily Forecast – Share Market – December 22nd, 2021

Nifty may look better | Stock specific investment

Saturn with Sun leads the day, well supported by Mars, Moon, Venus and Ketu. Indications from foreign cues are well supportive or better to say, such cues may remain better. Traders are looking bit calm comparative to the past periods.

Indications for stock-based trade will be better. Opportunities to look for good equities for the long-term investment.

Omicron and Covid cases are rising. This is again alarming for the coming period, not only in India but globally. This may give impact on Pathology labs and Pharmaceuticals etc. Another issue is strength of USD.

I shall prefer for IT, communication, space, e-entertainment, web related segments, communication related instruments, metal, e-commerce, power, cement, infrastructure, automobile, tyres, batteries, chemicals, pathology laboratories, Pharmaceuticals, FMCG and many more like textiles, paper and leather etc.

Traders may see movements inn the market with positive move. Better for Stock based investment.

Indian Currency

Indian Rupee may trade in between 75.60 to 76.30 per USD.

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

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