Tata Steel looks weak: Astromoneygru

As per Lt Col Ajay Jain of www.astromoneyguru.com , May 3, 2010 is represented by planet called Jupiter and year 2010 is also represented by Jupiter. Combinations of Jupiter in day as well as year bring weak opening 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. Saturn and Jupiter both planets are known for slow speed among other planets. Venus is in Varashab rashi. Today Moon will be “Puravashada“star and Dhanu 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 commodity crude oil has crossed US$ 86 per barrel in electronic trading at International commodities market and recommended stock Ifci ltd, PBA Infrastructure Ltd, Cairn India Ltd also achieved target. As we always say that keep eyes on levels for intraday trading since after achieving levels same stock may show profit booking also. It is most important to trade with levels and timely profit booking is mandatory for intraday trading.

Today as per financial astrology following stocks may be kept under observations. 

Daily stock recommendations
Sell Tata Steel Ltd (618.80) with stop loss 625 target Rs 615, 612, 610
Sell Castrol India Ltd (367.95) with stop loss Rs 370 target Rs 365, 363, 361

Commodities and Forex sections - Euro may show some bounce back during first half of the day against USD.

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.