Gold looks weak: Astromoneyguru

Nifty BSE | NSE 31/05/12 Are Mutual Funds betting on Nifty?

As per Lt Col Ajay Jain of www.astromoneyguru.com , May 11, 2010 is represented by planet called Moon and year 2010 is represented by Jupiter. Combinations of Jupiter and Moon create "Gajkesari" yoga may bring cool opening but trend is positive in Indian stock market. Today Rahu is in Dhanu Rashi, Mars is in Karak, and Jupiter is in Meen Rashi. Today Jupiter and Saturn are at "Kendra" to each other. Rahu and Jupiter are at "Kendra", Jupiter and Ketu also at Kendra to each other. Venus is in Varashab Rashi. 

Jupiter and Venus are third and eleventh position to each other. Jupiter and Moon are in close conjunction in Meen Rashi. Today Moon will be "Revati" - star in Meen Rashi. Sun will make conjunctions with Mercury in Mesh Rashi. Short term investors may keep eyes on sectors and stock specific trading rather then focus on nifty levels. Our advance predictions made in previous article once again proved correct. Recommended stock HDFC bank ltd over run from target, All public sectors banks shown positive move, Bank Nifty was also shown more then 3% gain in future trading as predicated. It is most important to trade with levels and timely profit booking is mandatory in short term trading.

Today as per financial astrology gold may show weakness in spot and electronic trading. Following stocks may be kept under observations. 

Daily stock recommendations

Buy DLF (CMP Rs 304.50) with stop loss Rs 300 target Rs 310,315, 318.
Buy LIC Housing Finance (CMP Rrs 953.10) with stoploss Rs 950 target Rs 960, 970, 979.

Commodities and Forex sections - Gold looks weak in spot and electronic trading.

Important note-The above recommendations are base on financial astrology. Consult your personal horoscope before taking any trading decision, Risk management is mandatory tool in electronic trading in stock and commodities market.