2025-01-02 07:31:53 Astrological Nifty Prediction : Buying at lower levels sell on rise | Range bound Nifty 23650-23825 - நித்ய சுபம்

Daily Forecast – Share Market – January 2nd, 2025
Buying at lower levels sell on rise | Range bound Nifty 23650-23825
Pre-Budget movements expected in coming days | Low volume trade
Saturn with Moon leads the day, well supported by Sun, Mars (Rx and Neech), Jupiter (Rx) and Venus. Moon is forming a decent relationship with Mars (Rx). Indications are that areas like IT, space, communication, logistics entertainment etc. may get some advantage or support.
Will INR touch 86 against one USD soon? Crude oil Prices may remain around 74-77 USD.
Pre-budget season is starting. Hence, buying at lower prices will also begin. Even sell on upper levels may be seen time to time, including today’s session. Banks and IT should be area of interest for the year (but will depend on budget news, because China is trying to attract foreign investors). US may also wait for the policy news after 20-01-2025.
FIIs are still in a mood to move out. Possibly, they may come after some time. As a sea, before going back, wave comes back.
I do not see much advantage after budget. Meetings of FM, with others are on, so one can think about the best. Planetary positions are not so energizing.
Nifty may try to cross 23800 (a range before pre-budget session). Cautious mood on upper levels.
Market may also react to the sales data of December 2024, and news based on GST for past month. Planets are indicating that volume of sales related middle class has not improved, possibly may decline in coming time. Upper class consumption is trying to maintain amount wise volume of GST. This value of GST will always be based on amount not on volume sold in the market, range of goods are also increased, so does not reflect real volume wise comparative sales of mass consumption. Mass consumption will always by middle class. Elite class has got limits.
Automobile, IT, leather, Sugar, textiles, leather, banks, fashion etc. may ready to give some better news along with travels and tourism, logistics and others like edible and Pharmaceuticals may show movements.

Nifty may look for 23800 and stoploss at 23650.

Indian Rupee may trade in between 85.30 to 85.90 per USD.

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

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