
Daily Forecast – Share Market – January 31st, 2025
Optimistic emotions possible | Watch results of Giant companies
Jupiter with Moon leads the day, well supported by Rahu, Saturn and Sun. Possibly some movement is possible. Rahu may give some surprise. During the day time Venus will be involved in Planetary war with Rahu or in the closest interaction with Rahu. So, chances of confusion may increase.
Jupiter is slowing down its speed, which means, this planet is ready to change to transit direction in coming time. This slow movement and closest conjunction of Venus and Rahu are indicating that web of words may be seen during the budget. Which may indicate that treasury may not be announcing any encouraging news for the long term economy or to encourage to resolve unemployment issues or inflation related issues or High rate of taxes on each and every products which we consume.
I understand that we may see some rise today, possibly Rahu may give some sudden movements. Remember, Rahu can be deceptive, especially when planet is with Venus. Both can give daydreaming or create a situation like mirage. I wish, this observation goes wrong, but the observations will remain the same.
Today nifty may look for upper direction. Use stoploss for the coming time also. Avail advantage based on news and other information. Keep a watch on results of various giant companies in the field of FMCG, infra, automobile, Pharmaceuticals and so many other companies including leading bank.
The market may expect some positives. It will be better for the casual traders to trade with short-term expectations. Best will be “expect no expectation”, so whatever you get will be gain.
Nifty may show some rising movements. Indian companies should plan to start new ventures instead of going for take overs. Take overs are not creating new jobs, whereas new ventures can open opportunities for new employments. Many times, it is seen that takeovers are reducing manpower or retrenching old employees of the company, which creates an issue for middle aged employees.
Use the day on the basis of budget of 01-02-2025. Some positive movements can be seen during the day.
Crude oil may remain around 74-79 USD.
Indian Currency
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