Daily Forecast – Share Market – October 25th, 2023

Buy on dips sell on rise | Nifty may look for 19350 | Watch global cues

Rahu, Mars with Venus are leading the day, well supported by Ketu and Jupiter. Importantly, lord of foreign lands is afflicted because of combustion status. This may increase some geo-political disturbances in the running period. But possibly may give less impact on the local/issues. This may give impact on crude oil prices, possibly may show some lower side movements (possibly around 89-90 USD).

Nifty may show some unexpected movements during the day. Possibly nifty may try to show some buying from lower levels but sell on upper levels also possible. Because of some or other reasons, better to look for opportunities in the last days of the week for next week. Nifty may look for +75 points from the previous closing value.

Banks may be better than previous working day. Remember, chances of sell on upper levels possible. Even then chances are better than the previous working period. Results of companies were better in US market, but Germany’s horoscope is alarming for economical purposes. China’s internal political situation may have some movements.

Look for opportunities at lower levels and sell on rise again possible. Rahu indicates sudden wave also possible in the coming period. Today, market may consider monthly expiry (which is tomorrow). FIIs may give some support in the current period.

Mainly all the segments are active.

Wait to settle down the market. Look for better opportunities at upper levels. Watch the market for 19150 also.

Indian Currency

Indian Rupee may trade in between 82.60 to 83.50 per USD.

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