Crude oil to see profit booking: Astromoneyguru

Ajay Jain, CEO of astromoneyguru.com feels crude oil may show weakness in commodity market. Short term traders may book profit in their long positions in crude oil, he adds.

May 29, 2013 / 09:51 IST

As per Col Ajay Jain, CEO of astromoneyguru.com, 29th day of May month is represented by planet known as Moon and year 2013 represented by planet known as Venus. Today Moon is in Capricorn under aspect of Jupiter at trine angel while Mars with Sun, Jupiter, Venus and Mercury in Earth sign. This combination may lead volatile movement in Indian stock market.

As per astro economics, today crude oil may show weakness in commodity market. Short term traders may book profit in their long positions in crude oil. Short term traders may keep an eye on HPCL and BPCL for short term trading.

Disclaimer: The views and investment tips expressed by investment experts/astrologers on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: May 29, 2013 09:51 am

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Crude oil to see profit booking: Astromoneyguru

Ajay Jain, CEO of astromoneyguru.com feels crude oil may show weakness in commodity market. Short term traders may book profit in their long positions in crude oil, he adds.

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