2025-01-23 07:22:52 Astrological Nifty Prediction : Sell on rise, buy on dip better | Wait – watch – Move - நித்ய சுபம்

Daily Forecast – Share Market – January 23rd, 2025
Sell on rise, buy on dip better | Wait – watch – Move
Emotions of market suspicious because of Slowdown Position
Jupiter, with Sun leads the day, well supported by Moon and Saturn. Selected areas may show movement for the day. Reason can be news based. Which may pull market in a better way.
I agree that emotions of the market is weak, especially because of consumption in past quarter(s). Companies are compelled to show their results. FIIs are again building pressure on the market.
Mixed emotions. This is surprising that we are just 6 sessions away from the Budget and market is not responding to such especial event. US market is responding on the basis of Tech stocks. Overall scenario of US and other nations market, I do not feel that can respond positively for the period. Reason is lord of foreign lands is a fallen planet.
Only sector which can give better movements – may be for Petroleum marketing companies. Reason – well known, global prices are not high, but selling prices to the consumer is on the higher side.
Yesterday’s market gave a recovery from lower levels. Still indicating weak emotions.
Keep a watch on Agriculture based, shipping, Pharmaceuticals, infrastructure, automobile, solar and unorthodox sources of energy and areas (just for news based), housing, IT, communications, and many more.
Importantly, HUL gave profit margin, but consumption has affected, not increased and better to say on negative side. This is an indication for the position of middle class and weak economic situation of common man.
Wait and watch for a fortnight or less time rise. Next movement can be seen after that. Buying or recovery from lower levels is possible. An important level can be 23300 of Nifty. Keep a watch on Banks. Emotions are shaky. That means sell on rise chances and buy from lower levels can be seen.

Indian Currency

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

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