Daily Forecast – Share Market – February 3rd, 2025
Weakness on upper levels expected | Watch banks with care
Reason – Local economic & Watch Geo-economic/Political issues
Moon, Jupiter with Saturn is leading the day, well supported by Sun and Mercury. Jupiter is at the slowest speed for us, because from tomorrow onwards will start transit direct, which will be in Rahini Nakshtra. So, impact on IT, sea related etc. may be influenced in coming time.
Secondly, impact of Tariff war has started by US. Retaliation by Canada and Maxico can give message to other nations, whereas China may move politically or some other ways. It’s a warning for the global market.
Now, it will be difficult to judge that slipping from levels is because of budget or because of global geo-economic reasons. FIIs do not give any encouragement to our market. Banks are still not supporting this market. Secondly, lord of share market and banks is heading for combustion within this week, so expectations are not decent.
Nifty may feel some pressure, because of local and geo-economic and political reasons. It will be difficult to judge the range or levels in terms of Units. Watch banks and financial institutions.
Watch the trade during the day, possibly we may get the direction of the market during the week. Crude oil may maintain the level around 75-77 USD.
Stoploss around 23300 will be better.
Indian Currency
Indian Rupee may trade in between 86.40 to 86.90 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Like this:Like Loading…
Related
Compare our prediction with
Telegram : https://telegram.me/gagashare
Youtube : https://youtube.com/gagashare
Website : https://mrgaga.in/share
Facebook : https://facebook.com/gagashareindia
Follow Us:
https://facebook.com/nithyasubamin
https://nithyasubam.in
https://www.youtube.com/@nithyasubam
https://telegram.me/tamil_astrology_nithyasubam
