
Daily Forecast – Share Market – April 17th, 2025
Nifty may test 23300 | Watch global cues | Wait – Extended weekend ahead
Last day before an extended weekend. Global utha-patak because of tariff issues between US and China.
Jupiter with Saturn leads the day, well supported by Sun, Mars, and Mercury. Again, chances of banks and financial institutions may play their role in deciding the direction of the market. Since, lord of share market and banks is in its Neech rashi and protecting own house of share market, that means chances of protecting the levels of the market, possibly banks and financial institutions may play some role during the day, for the ups and downs.
Rahu and Shani are very close (within one degree distance), chances of some unexpected events – economic front, natural calamities, man made issues.
FIIs, news from government, banks or other agencies, political issues may remain interesting in the coming week or so.
Hence, while going on extended weekend, it will be better to be watchful for long trades. Global cues may give some pressure on the market (because of imposition extra tariff -245% on China), this is increasing uncertainty in the market.
Rahu are also engaged in planetary disturbances, so chances of volatility in the market. This may be because of unknown reasons or foreign issues or local political or some other issues.
Planets are active, so majority of segments may be showing movements.
US is in uncertain situation, because of their announcements, now inflation or growth issues can be cause of concern. Our market is also govern with local political, economic issues, along with other issues related to IT, Pharmaceuticals, automobile etc. Reasons – IT and Pharmaceuticals are mainly based on foreign markets.
IT is totally based (maximum) on foreign markets. Pharmaceuticals –we are selling out of nation (quite a good volume). Crude may show some upside movement possibly may remain within the range of 63-67 USD.
Indian Currency
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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