Astro Speak: Prediction For December 2019
In December, Sun will change in a good position in Sagittarius. This will effect all the Sun Signs if they are looking for investments, particularly in the share market. The market could be on verge as per predictions.
26 December will be count as halt day in the month as there is an eclipse which will be observed in India for about three hours. So it is advisable to perform accordingly.
This will be a good sign for those who are investing in stocks, as the share market will be staying in a good position with a positive rise can be seen after 16 December 2019. The effect of the changed sun's position in one house will stay til 13 January 2019.
According to forecasts, steel prices dropped in 2019, leading to a decline in production growth rates from 4.9 to 1.3 per cent. At the same time, demand for steel has been increased this year, although at a more modest rate of 1 per cent. Prices for raw materials reached their multi-year highs in 2018. This was fueled by a number of factors, including trade disputes, the reduction in steel capacity in China and various environmental disasters that occurred during the year.
All the above factors were the main reason for dropping. However, the situation will not remain the same. As it cannot be skyrocket but no further major losses can be seen.
Dollar: The current price of a dollar is Rs 71.75. High and low exchange rates of Indian rupee are Rs 71.75, and Rs 68.82, respectively. The average for the month is Rs 70.55. As per predictions, these prices will go high so investing in dollars will be a better opportunity.
Advisory: This is a good time to liquidate funds from the share market whom soever want to quit is a good time to exit as in January market will again drop.
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