Daily Forecast – Share Market – July 16th, 2025
Pressure on upper levels and Buying from lower | FIIs still troubling
Jupiter, Venus with Saturn (Rx) leads the day, well supported by Moon, Rahu and Mercury. Sun is transiting in its last degrees and preparing to move in Cancer sign. Mercury has slowed down the speed for us, because from 18-07-2025, will start transiting retrograde.
Possibly, the volume of the trade or movements of indexes etc. may remain less. The market may look for a change in trend in the coming time even for short period.
Possibly pressure on upper levels can be seen during the day. Buying at lower levels and pressure on upper levels possible.
Areas like Banks, financial institutions, foreign cues, infrastructure, metals, pharmaceuticals, engineering, agriculture produces, products related to agriculture, leather, textiles, non-traditional segments, also watch EV related news and areas, which may give impact on the market.
Crude oil is holding its level and may remain around 67-70 USD. Weakness in INR is possible.
Gold may look better.
Day may remain confused and looking for the directions from quarterly results of various companies.
Indian Currency
Indian Rupee may trade in between 85.50 to 86.30 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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