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CNBC TV18 Matrix SENSEX NIFTY

Worst is not yet over in stock market

Published on Mon, May 12 at 10:10 , Updated at Mon, May 12 at 10:15
Source : moneycontrol.com

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According to Major Ajay of Astromoneyguru, as per Financial astrology 19th week of year 2008 represents Sun As per Financial astrology Sun is very famous to bring highest volatility, profit booking in world future market. During this week   Sun with Venus, Jupiter in his own sign, Mars with Ketu   in " KARAK " Rashi .. All these combinations and conjunctions may show highest volatility in world stock market. Volatility may start from US stock market followed by European and Asian stock market.  As per stars   this week world stock market may show volatility with negative movement in US, Europe, Asian stock market.   My sincere advise to all investors either hedge your long positions or book profit during week in long positions. As per stars any time bears may take over command of Indian stock market. Our advance predictions about Indian stock market and commodities made previous week at this web site proved 100%correctct. Indian stock market have come down almost 5% down during previous week, all five trading one side downward movement have been shown in Indian stock market. Metal (copper also shown down ward corrections) Of course My predictions about crude oil was not up to mark. It was great surprise that previous   US weekly crude oil stock were show rise more then 5.5 million barrel. This was highest surplus inventories last couple of months. In spite of this crude oil keep rising one side. This was against our expectations.

 

Stock Market - As per Astro-technical calculations this week is expected to open with volatile but negative movement. in world and Indian stock markets . Profit booking are expected in   Banking, Power, heavy engineering, Oil and gas, Telecommunications, Pharma, infrastructure, real state sector are looking weak   for day trading or for short term trading No big Investment buying is advised. As per Astro-technical Indian and world stock market may see some volatility in middle of the week due to influence of planets . Therefore timely profit booking is always advisable at every level.  It is our earnest suggestions that no big fresh investment buying in Indian stock market.  As per stars any time big political confusions, misunderstanding among political parties may start in India any time.

 

Important sector watch -   No buying recommendations

 

Nifty Level

 

Nifty  Support levels       (1) 4933 (2) 4850(3)4733

 

Nifty :Resistance levels  (1) 5250(2) 5180  (3) 5150

 

Investors may trade in Nifty according to these levels

 

Commodities

 

Crude Oil:  As per stars crude oil is expected to show volatility trend this week.  Crude oil resistance levels US$ 128 to US$130 per barrel and support levels USD 124 or 122 per barrel in world future market. Crude oil is at very crucial stage of trading Crude oil may show strength up to 14 or 15  May 2008 , As per financial astrology  there after crude oil may see down ward corrections . However short term investors ( who trade for 3-4 days ) may follow stop loss Us $ 130.5 . Mid term investors may wait further for down ward corrections

 

Copper - As per stars metals are looking weak specially copper may come down any time.

 

Forex - As per planets British Ponds are expected to show weakness against US Dollars.

 

Profit or Loss for You

 

This week may bring fortunes for DHANU Rashi. Red Alert for those investors who born in March 1978, September 1979 and September 1981, need to be Alert in big trading since stars does not support them.

Messages on Market Analysis - Technical View

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Other comments

Ahmedabad blasts.

Vipulji hope you & your family alright ??? Hope all other boarders from Ahmedabad OK....

in Market Analysis - Technical View - BearCartel at 27-Jul-08 12:25

Dow dint Rally as expected

I understand your disappointment, as you were hoping for Dow\\`s bullish moves, as indicated by charts. But the US ...

in Market Analysis - Technical View - hembhat at 27-Jul-08 12:05

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