Daily Forecast – Share Market – May 19th, 2025
Chances of Range bound trade Possible (Nifty 24950-25150 or so)
Mercury with Sun leads the day, well supported by Moon, Mars, Jupiter, Saturn and Venus. Entire horoscope is active, which means (possibly) activation of land and property segments, Saturn and Venus can give some better chances to earn gains.
Banks may show “Uthal Puthal”. Remember in deep dip better to book profit. On control dip, one can buy.
US may have certain issues, which may give an impact on other markets. Whereas, because of certain reasons, I feel that the market may try to hold the levels. Banks and financial institutions should be watched closely.
Rally may take a pause, but not much pressure on the market. I still feel that the market may try to hold the levels.
It’s time to watch the trade after the evening of the day. We may see an indication for direction, but control dip will be better for buy. FIIs are still setting the direction of the market.
Nifty may remain within range of 24950 to 25150. Even then I am comfortable with the movements of planets (for a while).
Be prepared to book profit if heavy dip is seen during the day (chances are weak). Crude may also show 64-67 USD levels.
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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