Daily Forecast – Share Market – June 6th, 2025
Buying at lower levels and trimming on upper levels possible
Mars is leading the day, well supported by Sun, Moon, Jupiter, Saturn, Mercury and Ketu. Indications are clear that impact of foreign issues, foreign cues, defense related segments, forex, FIIs and related to such area may give impact on our market. I agree that all the planets are active, but two important planets are changing their house and sign. Lord of banks has moved in own house and sign, whereas Neech Mars is preparing to leave Cancer sign (after a long stay) and move in Leo sign with Ketu. Interesting period for political purposes is ahead.
Banks, financial institutions and foreign cues will be playing important role during the day. Remember, lord of treasury (naturally signifier) is indicating sudden news from banks and financial institutions may give some interesting twist for the emotions of banks.
Now, lord of banks will give support to own products, only concern issue will be after 25 days.
Nifty may try to look ahead and trimming on upper levels will not be a surprise. It will be better to look for opportunities for banks and financial institutions, sea related including shipping, sea port etc.
Nifty may remain within the range of 24850 on upper side and on lower side may remain around 24675 or so.
I feel today is the day to watch and look for opportunities in banks and financial institutions for small period. Possibly we may see some support to share market.
Also keep a watch on news on various banks in coming months. Which may affect the sentiment of banks. Keep a watch.
Crude oil is holding the levels around 63-67 USD. Weekend before the tariff news date (09-06-2025 in the evening according to IST).
Indian Currency
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