Nifty Prediction : Stock based trading better | Nifty may trade in range

Daily Forecast – Share Market – December 27th, 2021

Stock based trading better | Nifty may trade in range

Sun with Moon and Saturn is leading the day, with support of Mars + Ketu. Foreign cues are not much but gives mixed impact on the market. Impact of MICRON or better to say fear is increasing globally. Covid cases are also increasing, it will be better to take necessary strict precautions at least till April 2022.

Impact on the market is for lazy moves. Time to trade for stocks, this may give better gains than indexes. Banks may not give support to the market, but IT or some of multidirectional companies. Nifty may trade within range of +/- 100 points. Or better to say with slow and lazy moves (not surprising).

Or nifty may trade within the range of 16900 to 17100. Holiday mood can be seen in certain areas. Some of foreign markets are closed.

Areas like IT, communication, vaccination manufacturer, textiles, engineering, leather, paper, midcaps, keep a watch on small caps of IT, space, e-commerce, communication instruments, hardware manufacturer, semi-conductor manufacturer, leaf based, coffee, metals pharmacy and laboratory (pathology) etc.

Trade for investment in equities will be better at the time of better opportunities.

Nifty may trade within Range of 17100 – 16900.

Indian Currency

Indian Rupee may trade in between 74.80 to 75.60 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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