Daily Forecast – Share Market – July 25th, 2023

Stop-loss @ (-)50 Nifty | Buy on dips accordingly | Nifty may look +100

Ketu, Venus with Mars are leading the day, well supported by Rahu and Saturn. Moon will be moving in Libra sign at 11:07 Hrs (IST), and conjunct with Ketu. Confusion for related segments may be possible after this hour or around this time.

Remember foreign cues and cashflow will be playing key role during the day. So, trade may not be more than 0.5%. Key players of Indian market are also playing on news-based movements. So, Keep a watch on Reliance and others.

Nifty may remain in the range of 19625 to 19775 or so. It will be better to look for opportunities at lower rates. Again, stop-loss around (-)50 points will be better.

Areas like Paper, textiles, power, infrastructure, exports related to edible/rice, crude oil exploration, watch IT key players, banks, financial institutes, alcohol, spirit, fashion, Jewellery, Jewels, FMCG, tobacco, leaf based, aviation, space, Judiciary, and many more like electronics etc. may remain active along with many more on either side.

Low range trades possible. Range may be within -50 points of Nifty to +100 points of Nifty. Crude may look for 84 USD.

Indian Currency

Indian Rupee may trade in between 81.60 to 82.40 per USD.

Please like my Facebook page @ https://www.facebook.com/AnoopAstroSutra.

** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.