Daily Forecast – Share Market – January 20th, 2025
Nifty may show buying from lower levels | Waiting for support/News
Jupiter, Sun with Moon leads the day, well supported by Venus and Saturn. Key Features for the day may show movements from lower levels. Today’s Market may show rise from lower levels. Still market is waiting direction.
Banks may remain cause of concern. Reason can be cash crunch. Remember, this is again indicating oversold market. So, decent pull back awaits.
Nifty may prepare to move ahead for short term basis, possibly because of news/announcements basis. Market is in fact aware of the true economic situation and per capita income which does not justify this GDP (which is indicative of slide may be slow). Good new ideas of Finance experts may give proper growth inclusive of per capita income and a solution to unemployment.
Manufacturing sector should work genuinely, instead of assembling (only). We are supporting other growing nations, but not working for our own actual growth. That’s why we look for the market movements of various countries. Our slogan was based on consumption theory, but this consumption theory had suffered from 2019.
Impact of the news from government and Judiciary can be important in coming days. Keep a watch during the fortnight.
Nifty may look for 23325 (as base). Recovery is possible from lower levels. I believe limited segments may be focusing on movements.
Indian Currency
Indian Rupee may trade in between 86.20 to 86.80 per USD.
Like this:Like Loading…
Related
Compare our prediction with
Telegram : https://telegram.me/gagashare
Youtube : https://youtube.com/gagashare
Website : https://mrgaga.in/share
Facebook : https://facebook.com/gagashareindia
Follow Us:
https://facebook.com/nithyasubamin
https://nithyasubam.in
https://www.youtube.com/@nithyasubam
href=”https://telegram.me/tamil_astrology_nithyasubam”>https://telegram.me/tamil_astrology_nithyasubam
