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Daily Forecast – Share Market – February 11th, 2025
Sell on rise possible | Avoid carrying trade ] Intraday better
Watch banks
Saturn with Jupiter + Mars is leading the day, well supported by Moon and Sun. Lord of share market, banks and financial institutions/activities is now 1 degree and 20 mins away from Sun, that means – is trying to come out of shadow of Sun, so some chances of better movements in coming days or evening. Impact will be seen on the market slowly and gradually.
Possibly market may feel impact of tariff talk. It was already mentioned in my planetary observations on budget (before FM’s Speech), combination of Rahu and Venus gave words but could not give any positivity to the market. Delhi elections could not have had any impact on the market. INR is racing towards USD.
FIIs are again pressurizing the market. US President has started continuing his march towards signing tariff on imports. Iron and Aluminum will be facing 25%, which will give effecting India – especially Aluminum. This will be influencing our market in related segments.
Nifty may again show some pressure on upper levels. It will be better to avoid carrying the trades. Intraday trades will be better because of uncertainty – because of transition of planets – like Mercury is ready to change its sign, Sun is also heading for next sign, Venus and Rahu are again going for uncertainty.
Stoploss at 23200 will be better, Nifty may try to recover from lower levels, but pressure on upper levels.
It will be better to look for opportunities in the coming days, because lord of the share market will be coming out of combustion stage in two three days.
Indian Currency
Indian Rupee may trade in between 87.30 to 88.10 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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