Daily Forecast – Share Market – May 16th, 2025
Nifty may look for 25150 or so | Enjoy the day with OPEN EYES
Sun with Saturn is leading the day, well supported by Mars, Jupiter, Mercury, Ketu and Venus. Today importance of financial institutions, sea related segments (include crude oil and Gold) may remain important.
All the segments are active, Moon is forming good relationship with Jupiter, that means we may see suddenness in IT sector, communication, banks and financial institutions, sea related segments like crude oil, insurance, vigilance agencies and diplomatic channels may remain very active at least for next 4-5 months and then aganin by the year end (financial).
That means chances of the market for the day may remain positive. Second psychological level of 25000 of Nifty is achieved and at the time of closing level was intact. So, another positive movements are possible for the day. Possibly another 100 points of nifty may be seen as a positive side.
Global scenario may indicate a sign of some peace, but can be suspicious, because one nation may try to blackmail on the basis of economic restrictions again (time to time on any nation including our’s)
Remember, the economic situation of nation, global scenario and various odd news may give impact on the market in coming days.
Our market may open with positive intent. Use the day for the recovery of losses if any. Nifty may maintain above 25000 and look for another 100 points from previous closing.
Gold may remain under pressure. Crude oil prices may remain close to previous one.
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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