Daily Forecast – Share Market – May 28th, 2025
Foreign cues important | Nifty may open with cautious steps
Sun, Mars and Mercury are leading the day, well supported by Moon, Jupiter and Saturn. Importantly, lord of banks and share market is within one Navmamsha distance from Sun, that means is totally combust. This combustion means that lord of share market and banks will not be in a position to behave in normal way. Possibly under pressure market may be affected. Hence, the impact of foreign cues can be seen during the day. Foreign cues/news/statement on X may affect the market. After that, news from the government will be important. Rahu (true values) is also close to change the house and sign. This may give further natural/man-made/or unpredictable disturbances (globally). We may also be affected. Covid is on the march. Reported cases are not much, but the issue is delicate. At any point of time market may have impact of such an issue.
Manufacturing in coming time may another segment – which may give direction to the market or hit the sentiment of the market/economy/employment etc.
Yesterday, market has shown profit booking on the upper levels, still shaky movements are possible. Monthly expiry will have its own impact. Last three days of the week, lord of banks and share market will not be in a position to give best of support.
It will be better to be careful with banks and financial institutions. From today to the end of week. This may give some opportunities at the lower levels during the week.
Trade with care. Nifty may remain within range of 24700-24950. Trade wisely. Look for opportunities at lower levels within the week. Crude oil may maintain the same range around 63-66 USD.
Indian Currency
Indian Rupee may trade in between 85.00 to 85.60 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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