Daily Forecast – Share Market – March 25th, 2024

Nifty may show + 100 Points | If any dip – buy on dip

Ketu, Jupiter and Mercury are leading the day, well supported by Sun, Moon and Saturn. Indications are clear that market may show better movements and possibly Nifty may look for another 100 points or so. Possibly, market feels that current government may continue after the elections. Although Planetary positions are changing during the election phases, which may give time to time different impact on the election trends or mood of public of different parts of the nation.

Importantly, Jupiter which is badhak for Taurus ascendant and represents eighth house of the horoscope of India, which is not comfortable position for the next one year. This may give political Jod-tod. Or return of old partners etc. Better to say impact on partners (political).

Even then today market may show positive movements. Movements of Ketu again gives recovery from lower levels or may give up side movements.

GDP vs. consumption gap is quite big in Indian market, which gives uncomfortable feelings to me. But market is not responding accordingly. Results are indicating but market is still absorbing and giving positive movements. HUL has given clear indications for low consumption. Amount wise may be high, but quantity wise has gone down, which is troublesome.

Now, inflation is on the upper side, USD has gained around 36-40% against INR in past decade. This gives impact accordingly.

Anyways, market is giving indications for another 100 points for Nifty. Watch for second half of the day.

Entire horoscope is active hence movements in almost every segment will be seen during the day. Which may give movements in the market. Crude may hold the levels around 88-90 USD

Indian Currency

Indian Rupee may trade in between 82.80 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.