
Daily Forecast – Share Market – March 21st, 2025
Day for Intra day traders | Profit bookings possible | Use IT and Defense
Saturn with Jupiter leads the day, well supported by Sun, Moon and Mercury (Rx). Importantly lord of the Lagna of India’s horoscope is in the range of combustion (within one Navmamsha distance from Sun). Indications are little bit of issues for the leader of Government/Nation or likewise situation in local politics can be seen.
Impact of Lunar eclipse and reversal moves of Mercury has changed the movements of trades during the week. Next week may give some chance of changes. But after Solar eclipse on 29-03-2025. Local cues may not be so strong to pull the market up.
Today we may see some changes in defense related segments and decent movements, reason – news. This can be for intraday trading purpose.
Remember, changes may be seen from 24-03-2025. Next week can be important, so before going for carry forward for next week, it will be better to be careful and watchful. After a run of 1000 points of Nifty, market may show some tiredness on Monday or so. Today, because of FIIs we may see levels of 23200 of Nifty. Even if market moves above, use the time and book the profit at the right time, so that substantial profit may give good breath to the accumulative profits.
Crude oil may show some rise and move in the slab of 70-74 USD. INR is bit strong in comparison to previous days.
Use the day to book profits. Nifty may look for upper levels, but profit bookings on upper levels possible.
Indian Currency
Indian Rupee may trade in between 86.00 to 86.60 per USD.
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