Daily Forecast – Share Market – May 15th, 2025
Nifty may look for 24750 or so | Trade wisely
Saturn, Mercury and Sun are leading with Ketu, Mars, Venus and Jupiter. Entire planetary position of India’s horoscope is active. Chances of movements in all the sectors can be seen. Positive opening possible. Emotions for banks and financial institutions will be important in coming time (with some volatility – based on news related to particular banks).
Nifty may show recovery from lower levels. Movements can be around (+)100 points or so. We can see some movements in IT, and related segments along with travel and tourism, communication, neighboring areas of nation.
I agree because of this ceasefire market has jumped from lower, but still issues related to economy, consumption of products, negative growth of economy, unemployment, lowering down of GDP, practically inflation (data wise can be different) – practically means per capita income and then purchasing power. So, this growth is not a natural growth, of companies. I mean still valuation of many companies and segments are on the higher side. But chances of rising levels in coming time is possible.
Still, pressure of man made calamities or natural calamities is not over. Conjunction of Rahu and Saturn may create some issues (globally and for our public also).
Nifty may look for 24750 or so. As and when required book profit of certain segments or companies. Crude may maintain the levels around 64-68 USD. Gold may remain under pressure.
Indian Currency
Indian Rupee may trade in between 85.20 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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