As per Col Ajay Jain, CEO of www.astromoneyuru.com , February 9th is represented by planet known as Mars and Year 2012 represented by Mercury. Both planets are at sixth and eighth positions to each other. Jupiter is in Aries opposite to Aries Saturn in Libra sign. Jupiter and Saturn both are at opposite angel while Mercury and Jupiter at square angel both angels may bring highest volatility in world stock and commodity market. Today Mars and Saturn are retrograde. This combination also will provide opportunity for bulls in energy stocks.
Today oil & gas, textiles and pharma stocks should be kept under observations. Fertilizers, pharma, oil & gas and metal stocks may be kept under observations.
Daily recommendations
Buy Cairn India (CMP Rs 372.55) with stoploss Rs 370, target 374-376
Commodity & Forex - Big movement in crude oil is expected any time
