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Expect upward movement of 3-5% in Gold
Published on Mon, Dec 22, 2008 at 11:05   |  Updated at Mon, Dec 22, 2008 at 11:07  |  Source : Moneycontrol.com

According to Lt Col Ajay CEO of www.astromoneyguru.com  -As per Astro-technical calculations this week is represents by figure 52 and as per finical numerology figure(52= 7) is ruled by Ketu the planet is known highest volatility in future world market . This week Sun, Mars and mercury are in dhanu while makar rashi is occupied with Jupiter, Venus, and Rahu during this week. Saturn is in Singh rashi. This is the farewell week of year 2008. We have seen BSE sensex at all time high above 21000 and below 7000 also in this year. 2008 was full of ups and down. Crude oil has seen above USD 147 per barrel and below USD 37 during 2008. Gold also followed the trend has shoot up above USD 1000 and below USD 650. Same story was repeated with interest rates and Inflations data. Even biggest Economy and world leader USA was almost collapse. whole US economy was at edge. But under the dark Indian economy has proved a silver line in black clouds, not a singal known company, bank or any finical company of India applied for insolvency or looked forwarded to help from Govt. What is this? This nothing but the power of Indian Economy. I always say that doom for others but boom for India. This was first acid test of Indian economy. Which has been cleared with Grade “A+” .I will come up with new advance predictions for year 2009.

This week is expected to bring positive movement in Indian stock market. Positive for capital goods, Power, banking, fertilizer, Tea and sugar stocks.


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Indian stock market- This week my weekly picks are as under (1) Ifci (2) Rel capital (3) Power grid corp (4) Chambal fertilizer (5)NTPC (6) Jet airways.

Bullion – As per stars now gold has good support at lower levels. Gold is looking positive during first half of the week, expected upward movement should be 3% to 5% in spot and future market.

Metal- may volatile movement but good support for copper, zinc and Aluminum at lower levels. I will not advise to go for short positions at this level in metals.
    
This week may bring fortune for Mesh and Singh rashi; some vice decision are expected to be taken which give result in next few days. Now stars may start favoring them in trading as well as at demotic fronts .However one can check horoscope to take full advantage of astrology in trading. Singh rashi need be careful in big trading, over-confidence may lead to losses.

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