Daily Forecast – Share Market – May 23rd, 2025
Nakshtra is in deceptive mode | Pressure on upper and buying at lower
Sun, Mercury and Saturn are leading the day, well supported by Mars with Jupiter. Strong activities are possible during the day, on either side. Even then the market seems a bit better. Importantly, emotions and news from US may not be in favor of Indian manufacturing field, which may affect the production.
I am sure our government will not allow any nation to use India as a dumping point. If it will happen then after 2016, this can be another issue for manufacturing fields. Already, because of low income (in comparison to pricing and cost to the customer because of high rates of related ingredients and energy cost + tax etc.) market has low movements of buyers in comparison to the previous time. Government can give data of GST to justify the movements in the market, but if we work out unit wise, per person wise, then it will tell us the real picture of the consumption; amount wise – because of higher pricing company can say our cash flow is close. But product consumption wise they are losing the sells.
Unemployment is another indicator of the coming trouble in the market. Movements of heavy planets – let them show their impact – market and global situation may give turbulence in the market.
Market may show buying from the lower levels (chances) as mentioned in yesterday’s post.
Movements in all the segments can be seen. Watch with positive emotions for defense related, space related and with care to banks and financial institutions, automobiles, ancillaries, infrastructure, metals, engineering and many more. Look for short term gains on either side.
Global cues may remain active, giving impact on the market. Watch news related banks and financial institutions in the coming period also. Jupiter may give some surprising news related to the banks and financial institutions.
The economy of the US may trouble much more in the coming time. Leadership counts for the growth and fall of nation.
INR may again lose its base. Crude oil may remain within range of 62-65 USD (Brent). Sell on upper levels chances and buying at lower levels (chances). Nakshtra is for deceptive emotions.
Indian Currency
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