Daily Forecast – Share Market – February 20th, 2025
Nifty Cautious movements – 22850 to 23050 | Watch Banks & Defense
Jupiter, Rahu with Saturn is leading the day, well supported by Sun, Moon and Mars. Importantly, we should not expect any support from FIIs for the period. Foreign cues may not be supportive for our market. Local cues are also confusing. Still sell on rise will be better option. Nifty is trying to test 22750 but is bouncing back towards 23000.
Since, lord of banks is coming out of combustion, so chances of support from banking and financial services may help to show recovery from lower levels. But Stop-loss will be better. Its not a time to go for long. If there is any rise in the levels, then look for Opportunities to book Profits (as and when required).
Crude oil Prices may remain within the range of 74-77 USD. INR is still weak, despite of steps taken by RBI, but trade deficit and other issues may further increase pressure on INR.
Time of major Planetary position within next one and half months will be affecting the market accordingly.
Importance of 23000 levels for Nifty – market was not able to hold the levels. I hope, once again market may try to cross and hold 23000 of Nifty. But today Mix day is possible. Trade with cautious steps. That means Nifty may try to be in the range of 23800 to 23050.
Impact of action by foreign nations will be seen in coming time. I feel the market will also sense in advance and possibly will react to the same ASAP.
Guard your money properly. Nifty may remain within cautious movements – 22850 to 23050.
Indian Currency
Indian Rupee may trade in between 86.30 to 87.10 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
