Share Market

Nifty Prediction : Sudden changes possible | Nifty may look 23800 | Stoploss 23600 Imp.

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Daily Forecast – Share Market – January 8th, 2025 Sudden changes possible | Nifty may look 23800 | Stoploss 23600 Imp. Saturn with Ketu leads the day, well supported by Sun, Moon, Rahu, Jupiter (Rx) and Venus. Moon is giving clear support to own house of IT, bank lord will be protecting own house, so chances are clear that levels of banks may remain protected. GDP data (official) has indicated lower figures in comparison to previous data. Manufacturing data is also not as expected, that means it is low. Economy data is not convincing, as it was indicated in my earlier reports. Despite all such issues, our market is not giving big dip. Wait for budget, after that planets will change their positions, so may give pressure on market. Wait, allow the Nifty to cross above 23800, which is possible in the coming time. Or short book profits as and when required. Wait for the period. Unnecessarily, why carry so long. Today, Ketu may give surprises. Sudden changes possible. Watch Iron and steel, communication instruments, instruments related to shipping (for communication), automobile, power, sugar, textiles, alcohol, renewable energy, non-traditional segments, fashion, IT, banks and financial institutions, leaf based segments including coffee and tea, rubber etc. Nifty may try for 23800 but stoploss at 23600 will be important. Sell on rise possible, buying at lower levels. Crude oil may be inching towards upside for a while (before sudden changes in coming […]

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Share Market

Nifty Prediction : Wait n Watch | Protect funds | Emotions on News based | If required sit calmly

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Daily Forecast – Share Market – January 7th, 2025 Wait n Watch | Protect funds | Emotions on News based | If required sit calmly Saturn leads the day, well supported by Sun, Moon, Rahu-Ketu, Jupiter (Rx) and Mercury. Indications are clear that news or announcements from government or agency may influence the market. So, it will be better to keep a watch. Lord of Banks is protecting own house, so movements in banks can be better. Rahu and Ketu can play their role for volatility again, despite opportunities at lower levels. Emotions may be better than previous working day.  Remember, INR is losing its base against USD, which may give further impact on inflation. Market may show movements from further lower bases for Budget session. So, pick and choose segments according to the news-based movements. Geo-political news will also remain important. IT may play some important role along with banks. Keep a watch on News once again, because yesterday’s market was affected because of news flow. Technically, buying option is weak, I must say that it will be better to watch the day, and if not required then avoid buying, if any weakness persists, use the weakness. That means Nifty may look for 23200 also. So, watch and guard your money. Banks will certainly give opportunities at lower, because its lord is protecting its house. Look for the opportunities. Protect your funds. Wait and watch will be better for […]

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