Daily Forecast – Share Market – March 7th, 2025
Early lazy moves | Nifty Stoploss @ 22375 | Recovery moves possible
Jupiter and Saturn will be leading the day, well supported by Sun, Moon and Mars. Impact of foreign issues will be seen on our market. Impact of foreign markets and activities can be seen in our market. Global cues may not be comfortable. Local issues are not encouraging. I agree that yesterday’s market session was positive.
We have entered in the pre-Lunar eclipse week session. So, it will be better to watch the trades. Since, this eclipse will be seen in other parts of the world, but planets will be affected in India also, so on share market impacts will be seen.
Tariff war is now like Guerrilla war type. Impact on inflation can be seen in US market. Impact of this Tariff issue has influenced negatively in US market. Job data is not good in US, now government may also retrench their staff.
Asian markets may also show mixed or weakness. Our market may show impacts accordingly. This buying of previous two days, does not give any indication for proper recovery of the market.
Areas like automobile, IT, Pharmaceuticals and financial institutions are key for our economy. Other segments are also volatile.
Stoploss at 22375 of Nifty. Banks may show calmness, lord of share market, banks and financial institutions is preparing for reversal of its movement. Hence, possibly slowly and gradually, movements in banks and financial institutions may be seen laziness or slow moves. Watch TCS, because of news on the company.
Nifty may show some pressure on upper levels, or may show lazy start of the day. Watch and wait.
Watch pharmacy, banks and IT pillar of our economy. Nifty stoploss at 22375 important. Lazy start possible.
Indian Currency
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