Daily Forecast – Share Market – December 13th, 2023

Opening may remain lazy but better | Utha-patak expected

Watch market around/after 12:40 Hrs (IST) | Trade wisely

Mercury, Rahu with Ketu are leading the day, well supported by Mars and Venus. Indications are clear that emotions may remain better with decent foreign cues. After 12:40 Hrs (IST), we may see some changes in the trend or movements of the market. Reason is lord of the bank and share market will start transiting retrograde (Vakri/Ulti Chaal), so after this wait and watch, then move.

Whereas Rahu and Ketu may give some surprise to the market in either direction. So, it will be better to keep a watch on various news, information/rumours etc.

Nifty may try to hold the levels above or around 21000. It will be better to trade with stop-loss.

Movements in banks, movements or tricks by financial institutions may give impact on the market. Watch with care. Reason is lord of the banks and share market will be retrograde and transiting in the house of sudden gains, gains from share market of nations, giving direct support, aspect to the house of banks and financial institutions/sectors, hence watch and trade to avail advantage from the segment on either side.

Defence, aviation (related aviation), space, defence related equipment, non-traditional segments, electronics and electrical, liquor, cotton, communication equipment, chemicals, acids, gases, petroleum marketing segment, paints and automobile tyres, logistics, FMCG, fashion, gem stones, Jewellers, and many more may remain active on either side during the day.

Crude oil may remain around 72-75 USD. This low demand feel is good for now, but may indicate the demand of various segments, which may influence manufacturing sector and then employment etc.

Nifty may look for 21000, and watch the trade after 12:40 (or around) Hrs (IST).

Indian Currency

Indian Rupee may trade in between 82.60 to 83.50 per USD.

Please like my Facebook page @ https://www.facebook.com/AnoopAstroSutra.

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