Daily Forecast – Share Market – December 19th, 2022

End of the year may test 18000 of Nifty | Range bound – 18100 to 18350

We have entered in penultimate week of the year 2022. One more month for moving of Saturn in Aquarius. Saturn will be in the Nyay zone and for India – Karma zone will be active. Karma will be justified by Shani Dev in either ways.

Venus with Mars is leading the day, well supported by Moon, Rahu, Ketu and Saturn. Lord of foreign lands is still affective with the lord of Local will be influential, Rahu-Ketu will be Important for the day.

Fear from foreign cues, health issues in China, pressure in financial sector and possibly fear of unemployment is still under pressure. Overall situation will be under fear, although we may see some Ups and downs in the market.

Buying from lower levels and selling profit bookings possible. Still we are close to the levels and market may try to hold the levels, but chances of FIIs may wait for upper levels and then again pressure may be seen from their end.

That means ‘Keep a Watch’ on “FIIs”. They may define the move for the week or for the day. Trade with care. Nifty in the coming time may test 18100.

Areas in transport, railways, infrastructure, aviation, shipping, chemicals, automobile, leaf based, chemicals, news based companies, and many more segments may remain active. Crude – Keep a watch.

Nifty may move within the range of 18100 to 18325. Trade with Guards.

Indian Currency

Indian Rupee may trade in between 82.10 to 82.00 per USD.

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