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See profit booking in software companies: Ajay Jain

Published on Tue, Jul 28, 2009 at 09:28 |  Source : Moneycontrol.com

Updated at Tue, Jul 28, 2009 at 09:30  

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See profit booking in software companies: Ajay Jain

As per Lt Col Ajay Jain, CEO, www.astromoneyguru.com , 28th day of July 2009 is represented by planet called  Sun and year 2009 is represented by Planet called Moon .Therefore combinations of Sun and Moon  may lead highest volatility in world future market.  Our advance predictions made in previous article about recommended stocks, nifty levels and gold proved correct. Now today mixed result is expected in Indian stock market. As per astro economics Today BPCL, HPCL, Madras Cement, RCF, Mahindra Satyam, Ansal Housing, Shree Renuka Sugar may attract buying interest but Timely profit booking is advised. As per stars Profit booking is expected in Ashok Leyland, ICICI Bank, IFCL, Patni Computers,  etc. Day traders need to alert during second half of the day since European stock market may not support big upward rally on 28th July partial impact is expected on Indian stock market also.

As per Financial numerology nifty levels of the day are as under
Nifty levels   Résistance    4580, 4602, 4625 Support 4533, 4500, 4480                        

Commodity -   As per astro economics Crude oil is looking weak for today, profit booking is expected at higher levels. Potato, Soya and Jute are also looking weak in spot and future market.

Forex-   Indian rupee is likely to show mixed trend against US dollars. INR may show strength at beginning of the day but any time during day weakness is expected in INR against US dollars.

Today Dhanu and Makar rashi may get benefit in day trading while Mithun, Tula and Kumbh Rashi need alert in big trading. You are rashi is based on Moon in Your birth chart. Risk management is mandatory tool in trading in stock market.

  

Entities: Nifty, Indian Rupee
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