Daily Forecast – Share Market – June 2nd, 2025
Recovery from lower levels possible | Stoploss important
Ketu with Moon is leading the day, well supported by Sun, Mars, Jupiter, Saturn and Ketu. Importantly, Moon and Ketu are in conjunction, may create confusion in automobile, reality and infrastructure etc. area.
Even then we may see some positive movements during the opening session or day. Even then the sign of cautious or confusions will not be a surprise for me. The reason is Ketu and Moon. But this may cause confusion for IT, aviation, communication, logistics, and many more.
Nifty may try to look for another 100 points on positive side. Also try for 25000 levels in coming days. But important is – will this level be justified by other global events or local events. News from treasury may give some jump. Ketu is active during the week, possibly some sudden rise is also possible during the period.
Crude oil prices may remain within the range of 62-65 USD. INR may show some weakness.
Even then it will possibly show recovery from lower levels. Look for opportunities in banks and financial institutions.
Remember, chances in banks are possible during the week. Look for opportunities. Take guards at 24650 but may look for 24850 or so.
Indian Currency
Indian Rupee may trade in between 85.10 to 85.80 per USD.
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