Daily Forecast – Share Market – December 14th, 2022

Despite decent emotions, trade cautiously | Nifty may look + 100

Ketu with Venus is leading the day, well supported by Moon, Mars, Rahu, Mercury and Saturn. Remember, foreign cues are better, locally, planets are supportive. Ketu Dev may give rise in the market from the previous levels.

Crude may show some upward direction. Indian market will be little bit with positive emotions. Possibly market may show some wave may be small, but wave is possible. This is also fact that market (global) is indecisive. Impact is time to time visible in our market also. This also fact that our economy is holding levels, but planets are indicating of India’s horoscope that unemployment is on the higher side. Which may affect consumption theory of India in coming period. I also agree that because of certain reasons, salaried class of private sector is suffering in current scenario. This may also affect consumption of many articles.

Currency is holding its levels, so this may remain constant. Although crude may give advantage to the oil exploration companies.

Areas like communication instruments, GPS related segments, leaf based, coffee, flower based segments, IT, chemicals, alcohol, non-traditional segments, banks and financial institutions, defence, electrical and electronics, technical, engineering, travel and tourism, logistics, aviation, railways and related segments, travelling related segments, and many more may show movements.

It will be better to trade with guards, but emotions better. Nifty may look for another 100 points on the positive side.

Indian Currency

Indian Rupee may trade in between 82.00 to 82.80 per USD.

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