Daily Forecast – Share Market – April 21st, 2025
Positive but cautious Opening | Trimming/consolidation on upper levels
Jupiter with Saturn leads the day, well supported by Sun, Moon, Mars, and Ketu. Chaturgrahi Yog is protecting house of share market, because lord of share market is placed in the neech rashi and enjoying Neech bhang yog, because of Venus (Uchch rashi). Venus is winning planetary war, so chances of going up of the market may remain better. Possibly look forward to (Nifty 24000) in coming time.
Today, again we may see some upside movements, despite of pressure/resistance on certain levels. Lord of share market is protecting own house from the neech rashi which is also enjoying neech bhang yog. Chances of protective day during the trading session.
Issues can be seen in India’s bread earning segment – IT. Infosys has already announced lay off process for new joining. Situation of unemployment may increase further, which may give impact on economic structure of the nation. Only increase of taxation may not increase the income of treasury. Bread earner of the family is weak, then income will be on the diminishing side. Here (India is family and IT is bread earner).
I agree that for the time being we may see a rise in the market. But Volatility is also expected.
Quarter 4 results will be influencing today’s market. Watch banks and financial institutions with IT, energy, rare materials, automobiles, and many more.
Nifty may try for upper levels, but consolidation or trimming on such level is also possible. I can say that a positive but cautious start is possible.
Nifty may plan for 24000 in coming time. Crude may remain within the range of 63-68 USD.
Indian Currency
INR may trade in between 85.00 to 85.80 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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