Daily Forecast – Share Market – February 4th, 2025
Geopolitical moves – positivity possible | Careful emotions also possible
Moon, Jupiter with Saturn will lead the day, well supported by Sun and Ketu. Jupiter is at the slowest speed because at 15:30 Hrs (IST) will start transiting direct. Today’s market may show Recovery from lower levels, but this may show some unpredictable way. That means buying at lower levels possible. INR had touched 87 against USD. That means values of equities in terms of USD is falling. Even then FIIs are leaving the market.
Now, banks may show some movements in coming days because of anticipation of RBI’s policy on 07-02-2025.
Today, because of global news and unpredictable statements, the market may show movements on the upper side. Despite such a movement, it will be better to trade with cautious thoughts and approach.
Unpredictable global statements may float in the market and give sudden movements.
Keep a cautious watch on Power, look for opportunities in banks and petroleum related segments, automobile and many more with fertilizer, infrastructure, and segments related financial activities including banks etc.
Cautious (despite of some positive movements) mood possible.
Crude oil may maintain its values.
Indian Currency
Indian Rupee may trade in between 86.70 to 87.40 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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