Daily Forecast – Share Market – June 4th, 2025
Nifty may test 24450 and look for 24650
Market waiting for Direction from Foreign lands and June 9th
Mars with Sun leads the day, well supported by Moon, Jupiter, Saturn, Mercury and Ketu. Defense and foreign issues may be influencing the day (politics, economy, and other related issues). Market is still waiting for decisive direction. Reason is important planets are changed and changing also. Jupiter has started transiting with faster speed than the normal one.
Nifty is looking to show some positive movements, but other issues are not allowing them to do so. That’s why movements in the index are not so high. Hardly 100 points of Nifty or so.
INR is also within range. This is not because of stability, but because of geo-political and economical situation and our internal weakness related to economy – like unemployment, tough time for middle class (including education and health care inflation). They are unable to go for savings/deposits in banks, which may cause concern in coming time with the banks. Transit of Jupiter may open all these aspect during its tenure of one year or so.
Again Crude oil is also holding its level around 64-67 USD. In coming time we may see lots of utha patak in automobile segment (especially passenger car segment).
Nifty may remain within range of +/- 100 points or so. This (+/-) is because of planetary system. There are many planets trying to give positivity, but major planets and geo-political situations do not support the positivity. So, now I feel leaders of the market may try to recover from lower levels.
So, Nifty may look for 24650 but may test 24450 also. Trade wisely.
Indian Currency
Indian Rupee may trade in between 85.20 to 85.90 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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