2024-12-13 07:16:38 Astrological Nifty Prediction : Nifty may test 24450 | Look for chances in last session of day | Watch banks - நித்ய சுபம்

Daily Forecast – Share Market – December 13th, 2024
Nifty may test 24450 | Look for chances in last session of day | Watch banks
Global cues may not remain supportive | Weak emotions for Nifty
Saturn, Moon with Sun are leading the day, well supported by Rahu and Mercury retrograde. Market may start preparation for the change in the direction of transit of share market lord on 16-12-2024, before market hours. Venus and Mars are not active, but Moon is forming decent relationship, so they are also active and local political, commercial news along with impact from foreign lands (geo-political and economic) news may be giving its impact on the market.
We may see news from NATO and related to Ukraine. Saturn is transiting in its own sign and house Aquarius, so I do not feel any comfort in war related positions at least till 31-03-2025.
Crude oil may show some rise after January 2025, when Jupiter will start transiting direct. That will be a period when great economic views will be essential to handle economy of nation. That means time after this period may be complicated to manage budgetary planning or execution in 2025-26.
From next week possibly market may start preparing for the budget session of 2025-26 financial year. So, for long term investors – be prepared. Markets may show some dip and buy in various segments, to enjoy better profits. Keep a watch.
Today, nifty may further look for some profit bookings. It will be good for the coming week onwards. If the market will book profits, then chances or recovery from Monday will be better. So, look to capitalize the situation.
Nifty may trade in between 24400 to 24650. Keep a watch on banks and financial institutions, look for opportunities. Actually, Nifty should have looked for 24220 but it looks that market may remain within controlled profit bookings.
UK and Swiss banks have reduced rate of interest.
China’s economic growth is also under arrest. US Job data are not good. So, global cues are not decent.

Trade and enjoy on either side. Watch infra, reality and related segments and news on automobiles etc.

Indian Rupee may trade in between 84.50 to 85.00 per USD.

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

Like this:Like Loading…