Daily Forecast – Share Market – April 16th, 2025
Use Opportunities at lower levels for Intraday traders | Foreign cues mixed
Saturn with Jupiter leads the day, well supported by Sun, Mars and Ketu. Again, we may see the impact of foreign issues, cues and other statements by the global political leaders. Trend is to be composed and use the period to recover loss but avoid long term trades.
Mixed cues from foreign markets. The previous working day was well supported by FIIs. We saw rise on the last working day.
Inflation data of India may also support the market, whereas practical may be different. Ketu gives indications that market may show some positive touch, lord of share market may try to hold the levels. Remember, cues from the foreign lands or/& FIIs may be setting the direction of the market. Uncertainty from US leaders and their news is disturbing the balance of the market. Today, possibly we may see some consolidation because of foreign cues. Local issues are not giving any direction. Only Inflation data by the government agencies may give some positive touch. But overall inflation has gone up.
Nifty may try to retain its levels around 23300, despite of mix data from foreign lands. Opportunities at lower levels for the intraday traders possible.
All the planets are active directly and indirectly, so we may see movements in almost all the segments. Use midcaps and small caps.
Crude oil indicates a fall in production, and inflation, etc. may have its impact in coming time, so avoid long trades.
Look for opportunities at lower levels.
Indian Currency
Indian Rupee may trade in between 85.30 to 86.10 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
