Daily Forecast – Share Market – December 20th, 2022

Volatility Possible | Wait till 09:56 Hrs (IST) then Decide | Avail Opportunities

Venus is leading the day with support of Rahu, Ketu, Jupiter, Saturn, Moon, and Mars (Rx). Indications are that foreign cues may give some indications and local emotions and overrated sentiments of the market may give support to our own market. Reason is at the moment lagna lord is in strong position and indicating that strength is better in comparison to the retrograde lord of foreign lands. Possibly previous situation of better moves from foreign lands may be bit negative.

China is also on radar, because of COVID, because their lagna lord Saturn is now giving its justice, when ready to move in their lagna position, although their anterdasha of Venus will be good for the nation (China), if they want to do good work and avail better results.

Indian market – it will be better to watch the market at least till 09:56 Hrs (IST), then take a move. Our market indicates chances of buying from lower levels. Even then it will be better to move with a watch on global cues. Because demand in China may affect not only their nation, but also global market, unemployment, and production etc.

Almost all the areas are active during the day. Areas like banks, financial institutions such as FIIs DIIs, sugar, leather, textiles, alcohol, spirit, non-traditional, renewable energy, textiles, leather, defence, aviation, travel and tourism, sanitary hardware, housing materials, travel baggage, communication instruments, FMCG, lifestyle, keep a watch on IT and related segments, insurance, research and analytical segments, healthcare and many more may be in the movements.

Nifty may show Volatility. It will be better to avail opportunities at lower levels and if required then sell. Nifty is within range – 18100 to 18500.

Indian Currency

Indian Rupee may trade in between 82.20 to 83.00 per USD.

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