Daily Forecast – Share Market – December 14th, 2023

Gap-up opening not surprising | Wait for 30-45 minutes then move

Mercury, Venus with Rahu leads the day, well supported by Mars and Ketu. Indications are that market may show recovery moves from lower levels. It may show high rise, but Rahu and Venus are involved – may give Marichika, so with care movements will be better to say that “Use stoploss”.

Possibility of Gap-up opening is possible. Wait for half an hour then decide your moves.  Market may take 30-45 minutes to set and show the direction for the day.

Nifty may try for 21000 and above. Market may return to the levels of previous day’s (of around 12 noon). So, that figure will be important within fortnight.

Crude is roaming around 73-75 USD. Global market may show positive moves.

Banks and IT may show recovery from lower levels (chances). Movements in Banks and financial segments may be seen.

Entire horoscope is active. So, maximum segments may show movements. Trade accordingly. Defence, IT, banks, electronics and electrical etc. with automobile, petroleum marketing, chemicals, non-traditional segments, alcohol, spirit, fashion, readymade garments, leather, textiles, cement, and many more may show movements. Watch midcaps and small caps.

Nifty may look above 21000. Gap-up possible. Wait for 30-45 minuets and allow the market to settle and show direction. Basic emotion better. Gold may remain better.

Indian Currency

Indian Rupee may trade in between 82.70 to 83.50 per USD.

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