Daily Forecast – Share Market – December 21st, 2022

Nifty seems improve its Position | Volatility not surprising

Venus and Saturn are leading the day, well supported by Rahu, Ketu and Mars (Retrograde). Importantly, foreign cues may remain better. It will be better to watch cautiously – FIIs and DIIs.

Planetary position indicates recovery from lower, it was also mentioned in my previous reports to buy on dips (sufficient). Indirectly we may see support from banks and oil related segments and IT.

2022 is on the edge of leaving us, but threat of COVID or health related issues may be alarming as it was in February and March of2022. China is facing issues. Keep a watch on shipping segment (related to defence) and related areas.

Spending capacity on festival period in US is weak, which means this may affect other nations also, because many countries are exporting their products to US and other nations.

Trade with care for future trades. On 17-01-2023, Saturn will be changing its position from Capricorn to Aquarius.

This may give changes in many issues, including health related segments as suddenly covid was minimised in May 2022. Or changes in the trend of trade in May 2022 to September 2022.

Karmfal will be important in coming period. Whatever nation has done, for that karma, we must be ready to either enjoy or face the consequences. Economic issues may punish us or public or nation and globally. China may also face some issues along with Russia, Ukraine, US and UK + other nations (I am not talking about weak nations like Pakistan etc.)

All the areas will be active because entire horoscope is active. But Volatility at any moment is possible. Be positive for the day, with strict stop-loss. One can trade for +/- 100 points of Nifty. USD is bit weakening but may not affect INR, but Gold may enjoy.

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.