Daily Forecast – Share Market – August 1st, 2025
Nifty may test 24700 | Chances of recovery | Sell on rise if required
Lord of share market is totally combust, but has crossed Sun, so in coming time possibly, lord of share market and banks may give its impact in better way to the market and banks. Saturn (Rx) with Rahu leads the day, well supported by Sun, Jupiter and Venus.
Sudden movements possible in the market, news may also give some impact in the market. This may give indications for the coming week. If possible avail the opportunity on either side.
Crude oil may remain within the range of 71-75 USD.
From today, 25% tariff will be applicable for India (exports to US). This may give impact on our trade and trade deficits and in coming days foreign revenues may also be affected.
Planetary movements wise chances of some pressure on the levels. Nifty may test 24675. On sudden moves, may look for 24800 or so. Banks, financial institutions, sports related, common man may have impact of retrograde Mercury (combust totally).
It will be better to sell on upper levels and look for opportunities at other level. I agree that impact of tariff from US on us will have impact on our trades, but once market will look for 25103 of Nifty during next week. Trade accordingly.
Banks, automobile, financial institutions, textiles and many more may remain active during the day. Possibly market may try to show some recovery from lower levels in coming time.
Pressure on upper levels. Global cues are not encouraging. Watch the day with care, despite, lord of share market has started recovering from totally combustion, so by Monday, situation may improve. Only point of concern will be exchange of aspect of Mars and Saturn.
Un employment is key factor for India, which may give negative impact on consumption theory. Affecting production in coming days.
Indian Currency
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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