2025-01-06 07:28:17 Astrological Nifty Prediction : Nifty may look for 24125 Stoploss 23975 | Volatility Possible - நித்ய சுபம்

Daily Forecast – Share Market – January 6th, 2025
Nifty may look for 24125 Stoploss 23975 | Volatility Possible
Saturn leads the day, well supported by Sun, Moon, Rahu-Ketu, Jupiter and Venus. Mercury lord of banks is indirectly connected, which is protecting banks and financial institutions. That means banks and financial institutions will be protected by their lord and levels will try to be protected. Look for opportunities.
I believe time for the movement on the upside is on the cards for at least 25 days or so. Because Budget is on 01-02-2025. But Importance of FIIs/FPIs may be realized at any stage of the day.
Even then wait for the clarity for going to buy at better prices. Stoploss at 23950. Buying at lower levels possible, but Rahu and Ketu may give volatility at any stage of time.
Positive areas can be banks and IT for the coming time. Use lower levels. Indications are clear that banks are try to look for deposits. Whereas banks like Indusind bank had increased their advances and rise in deposits are not as, it should have been. Similarly, before going for banks for long it will be better to check their deposits Vs advances. This will be important.
That means news base stocks like Kotak Mahindra bank etc. must be checked properly.
Engineering, IT, alcohol, communication instruments, space, railways related, logistics, fashion, textiles – watch, sugar, fertilizer, agro-based segments, and many more segments may be showing their movements. Watch FMCG also.
Volatility possible, buying at lower levels can be seen. Certain stocks may show sell on rise.
Movements is possible in the market, although global cues may be not so interesting. Crude oil rates may remain around 74-78 USD.
Nifty may look for 24125 and stoploss around 23975.

Indian Rupee may trade in between 85.40 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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