Ranbaxy looks positive: Astromoneyguru

Ajay Jain of Astromoneyguru.com advised buying Ranbaxy Laboratories with a stoploss of Rs 482 and for targets of Rs 488-492.

Ajay Jain, CEO ,Astromoneyguru.com

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Source: Moneycontrol.com

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As per Col Ajay Jain of Astromoneyguru.com, June 27th is represented by planet known as Mars and Year 2012 represented by Mercury. Today Mars and Saturn are in close conjunctions in Kanaya rashi while Mercury is in Karak rashi. This combination may lead volatile trend in Indian stock market.

As per stars today, pharma, fertilizer and couriers stocks will see upward movement. Investors may keep eyes on Sterlite Industries, Bajaj Hindustan and Shree Renuka Sugar for short term trading. Now following stocks should be kept under observation for short term trading. Levels are the soul of short term trading therefore timely profit booking is mandatory for intraday trading.

Daily recommendation
Buy Gati (CMP Rs 41.40) with stoploss Rs 40, targets Rs 42.50-44
Buy Ranbaxy Laboratories (CMP Rs 486.95) with stoploss Rs 482, targets Rs 488-492

Commodity & currencies - Euro will see weakness against the US dollar.

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.

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