Daily Forecast – Share Market – June 10th, 2025
Nifty may look for 25225 or so | Suddenness possible
Mars, Ketu with Saturn are leading the day, well supported by Sun, Jupiter and Rahu. I agree that Ketu may give some positive touch, but some volatility or buying opportunities at lower levels can be seen during the period.
Despite the chances of some volatility, I feel and believe that Nifty may look for another 100 points or so. Ketu is supporting the market. Whereas Jupiter is supporting crude oil prices. So, today and in coming time crude may try for 70 USD.
INR is holding its level. Market is responding to the credit policy of the government, but this factor is may not set the direction of the market. Foreign cues, news from foreign lands /Geo-political/Geo-economic movements will be setting the direction.
Regarding Growth, mainly few groups are enjoying benefits, but overall companies are facing issues – either poor consumption or weak cashflow or some other issues. This can be alarming for the coming months. I mean it for the bread earning of millions of people (in India) – IT sector is not getting growth as it should have achieved. Laziness or weakness is clear.
Today and for the time period, focus on non-traditional segments will be better. Defense-related segments or companies with banks and financial institutions may remain active.
Almost all the segments may remain active. Enjoy the day and use for the advantage and recovery of previous time.
Nifty may prepare for 25250. It will be better to look for opportunities at lower levels. Stoploss at 25000 will be better.
Indian Currency
Indian Rupee may trade in between 85.30 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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