Daily Forecast – Share Market – February 19th, 2025
Nifty stoploss at 22750 | Sell on rise | Nifty may look for 23000
Jupiter with Rahu leads the day, well supported by Sun, Moon, Mars, and Saturn. Waves should not be a surprise, but stoploss will be better.
Lord of foreign lands has started slowing down its speed, because from 24-02-2025, will start transiting direct. Again no support from FIIs and foreign Pension funds investors in our market. FIIs are still withdrawing from our market.
Planets may show some decent feel about the market, but Jupiter indicates about the treasury – Rahu may give some ups and downs or may create confusions (again) in coming days. It will be better to use the period and book the profits when levels moves up. Protect your funds.
Issues related to banks and financial institutions may be bit troublesome in coming time. So, be watchful. Before investing in any banking and financial institution’s share, read balance sheet, study thoroughly their commentary. Read in between the lines of the commentary, then go for long term investments.
Stoploss at 22750 for Nifty, which may again try for 23000 levels. Wait n watch on upper levels. If required, sell on upper levels.
Foreign issues, local political and economic issues may start combining after one and half months. Saturn has started giving some results for the coming time. But in Indian market energy prices may remain on upper side.
Crude oil may remain within the range of 73-76USD.
Indian Currency
Indian Rupee may trade in between 86.50 to 87.30 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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