Daily Forecast – Share Market – June 4th, 2025
Buy on dips and sell on rise | Time to avoid long | Nifty rage 25300-25550
Venus, Rahu and Saturn are leading the day, well supported by Sun, Mars with Jupiter. Foreign cues may be playing an important role during the day, because of its strength with Ketu can be seen in coming days.
Foreign cues may be confusing, whereas US was decent on previous working day (before extended weekend for them). Whereas other markets may remain under confusion. Reason is – poor growth rate, inflation, no new ideas to give a boost to economy.
Our situation is also almost like rest of the nations. GDP on paper is good, but consumption and per capita income is low. Foreign debts are increasing. Unemployment is rising, even then market is trying to look for the upper levels. It looks like very oversold market. That means it’s not time to buy at current prices but look for the opportunities to enjoy the gains. Buy on dips and sell on rise.
FIIs are not in support as of now. Look if they are selling their holdings.
Crude oil may remain around 66-70 USD.
IT, communication, banks and financial institutions, fashion, jewels, FMCG, automobiles, aviation (watch with care), defense, engineering, electrical and electronics, metals and many more along with textiles, leather, metals, and many more.
Some sudden gains possible or wave can surprise the market. Buy on dips and sell on rise. Nifty may remain within : 25300-25550.
Indian Currency
Indian Rupee may trade in between 85.10 to 85.70 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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