Daily Forecast – Share Market – April 2nd, 2025
Nifty may remain within 23000-23350 | Avoid long trade | Wait for Clarity
Jupiter with Moon is leading the day, well supported by Sun, Saturn and Mercury. Since all the planets are in the axis of Rahu and Ketu, so impacts will be accordingly. I feel time is to trade with care, wait and watch.
Impact of GST collection may give its impact on the market. Whereas global markets may feel nervous because of Tariff news or other economy related news. Market may show some lazy and cautious movement. Possibly waiting for the final news related to tariff and next threat from Leader of any nation.
Jupiter is strong, which represents house of suddenness or ups and downs, so wait for sudden moves during the day, especially in IT, communication and many more like logistics, travels etc. Watch automobile, ancillary, automobile tyres and related segments with care.
Please understand the sense of sell from FIIs in our market from past so many months.
I am suspicious about banks for a while, because this lord of banks and financial institutions was affected during solar eclipse because was transiting retrograde.
Keep an eye on news from Judiciary/government agencies in coming or running time.
Nifty may try to look for 23300, but be prepared for cautious profit taking possible. Sudden changes possible within next few working days. No support from FIIs and may be on the track of shorting. Nifty may plan to drop around 23000 in coming time possible. Sell on rise better.
Nifty may remain within the range of 23000 to 23350. Stoploss at 22800 better.
Indian Currency
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