March 17, 2025, is expected to be a crucial day for stock market movements, particularly for Nifty 50 and Bank Nifty. The planetary positions and astrological aspects suggest a volatile and largely bearish market sentiment throughout the day, with moments of upward momentum providing opportunities for intraday trading.
Astro Facts (1st half to 2nd half)
- Moon Rashi: Libra (Moderate Bearish Sentiment)
- Moon Nakshatra: Chitra (Pada-4) to Swati (Pada-1)
- Moon Nakshatra Lords: Mars (Chitra) and Rahu (Swati)
- Important Time: Moon changing Nakshatra at 2:44 pm. Significant market movement expected between 2:30 pm to 3:00 pm.
Moon Aspected by:
- Pluto (Square – Strong Influence)
- Saturn (Trine – During Chitra Nakshatra)
- Uranus (Sextile – During Chitra Nakshatra)
- Sun, Saturn, Neptune (Conjunction – During Swati Nakshatra)
Special Events:
- Mercury Retrograde: Mercury went retrograde from direct on 15th March, creating confusion and unpredictability in the market. Its impact is likely to be visible in Monday’s market.
View and Prediction (1st half to 2nd half)
- The overall sentiment is Bearish throughout the day.
- A buying movement is expected between 10:20 am to 12:00 pm.
- Selling pressure is likely to dominate after noon, with heightened volatility after 2:30 pm.
Nifty 50 Support and Resistance Levels
- Resistance Levels: 26500, 25700, 24900, 24100, 23300, 22500
- Support Levels: 21800, 21100, 20400, 19700, 19000, 18300
- Weekly Closing Price: 22397
Bank Nifty Support and Resistance Levels
- Resistance Levels: 54100, 52900, 51800, 50700, 49600, 48500
- Support Levels: 47400, 46300, 45200, 44100, 43100, 42100
- Weekly Closing Price: 48060
My Analysis and Point of View
The market is expected to exhibit a bearish sentiment for most of the day. The aspect of Saturn and Uranus on Mars (Chitra Nakshatra) suggests unpredictable market swings in the first half. As the Moon enters Swati Nakshatra, the conjunction of the Sun, Saturn, and Neptune with Rahu adds confusion and volatility. The strong aspect of Pluto (Square) further intensifies selling pressure in the second half.
Additionally, the ongoing Mercury retrograde can cause mixed sentiments, leading to false breakouts and abrupt changes in market trends. Traders should be extra cautious during the afternoon trading session.
Recommended Strategy:
- Intraday Traders: Consider buying around 10:20 am to 12:00 pm and booking profits before the selling pressure starts.
- Positional Traders should avoid taking large positions during high volatility and monitor price movements around key support and resistance levels.
- Avoid re-entry during the second half unless a clear upward momentum is identified.
Conclusion
On March 17, 2025, traders should be prepared for a largely bearish market with high volatility throughout the day. Opportunities for intraday gains may exist during the first half, but the second half could be particularly harsh due to heavy selling pressure. Focus on booking profits during the upward momentum and avoid positional trades unless a clear trend is established.
Good update, but missed the sectors outlook in the report