Daily Forecast – Share Market – May 22nd, 2025
Watch banks and Financial institutions | Market is deceptive |Fear of health care
Mercury, Sun and Jupiter are leading the day, well supported by Mars, Saturn with Venus. Almost all the segments may show movements. Ketu may have an impact on automobiles, land, agriculture and related segments in the coming time. Keep a watch.
As I had mentioned earlier that period of man-made calamities or natural calamities may be cause of concern. Corona in few countries is back. According to TOI, Mumbai has recorded 53 cases of Corona. So, possibly, a fear is back. Secondly, regularly I am mentioning about banks and financial institutions – to be watchful and careful. Look for opportunities for/in the coming period.
Crude may maintain around 63-66 USD. Areas like green energy, some IT, defense related segments, insurance, health care, metals and textiles – better to watch. Power and other related segments may show some movements. Watch reality and related segments with care.
Nifty has breached 23700, and now is around 23683. Time to trade with care, buying from lower levels will not be a surprise, but may test 23600 of Nifty. Watch banks and financial institutions with care.
Trade with care. Avoid chasing the trade. Look for opportunities, but for good companies only.
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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