Stock market prediction for Sep 30-Oct 4: Satish Gupta

By Satish Gupta of astrostocktips.in:

Weekly planetary position: During the week, Moon will be transiting in Cancer, Leo and Virgo, Lord Saturn, Rahu, Venus and Mercury in Libra, Mars in Cancer, Sun in Virgo, Jupiter in Gemini, Ketu in Aries, Pluto in Sagittarius, Neptune in Aquarius and Uranus in Pisces, Venus will shift to Scorpio on October 2, 2013.

As predicted last week, that astrological position will not be comfortable and Nifty was down by 3 percent. It was also predicted that favorable astrological position for banking sector, which started on September 1, 2013, will be over now and bank Nifty was also down by 7.5 percent.

Be cautious, deception and volatility will continue in coming week also and it is sell on every rise in Nifty and Bank Nifty. Despite down trend in Nifty and Bank Nifty, all the sectors, which were predicted, outperformed the market.

We want to make it clear that deception does not mean always down trend. It can be on either side. Sometimes bulls are trapped and some time bears during deception period.

It is very difficult to trade during astrological deception period and for that one may join our professional services for timely guidance.

Following sectors will be getting astrological support:

Pharma sector will continue getting very strong astrological support. Buy Sun Pharmaceutical Industries, Glenmark Pharma, Lupin, Biocon, Divis Laboratories, Dr Reddys Laboratories, Ajanta Pharma, Shasun Pharmaceuticals, Alembic Pharmaceuticals, Orchid Chemicals and Pharmaceuticals etc. Sun Pharma and Aurobindo Pharma moved  up by 4.5-11 percent from weekly low.

Leather sectors will also continue getting strong astrological support. Buy Bata India, Sreeleathers, Superhouse, Relaxo Footwears etc on every decline. This sector was predicted last week also and during the week, Bata and Relaxo moved up by 6 and 22 percent.

Media & entertainment sector will also be getting astrological support. Buy Zee Entertainment Enterprises, Sun TV Network, TV18 Broadcast, Hathway Cable and Datacom, Reliance MediaWorks etc on decline. This sector was predicted last week also and during the week Dish TV India, ZEE Entertainment, PVR and K Sera Sera moved up by 10-21 percent from the low of the week.

Disclaimer: Moneycontrol.com and Television Eighteen Network are both part of the Network18 Group.

Liquor sector will also continue receiving strong astrological support. Buy United Spirits, United Breweries, Radico Khaitan, GM Breweries etc. This sector was predicted last week also and United Spirits, United Breweries, Radico Khaitan and GM Breweries went up by 9-33 percent from the low of the week.

Telecom sector will continue getting astrological support. Buy Reliance Communications, Idea Cellular, Tata Communications, Punjab Communications and Bharti Airtel on dips. This sector was also predicted last week and during the week, Tata Communications, Idea, TTML, MTNL and Punjab Communications went up by 9-29 percent from low of the week.

In auto sector, concentrate only on two wheelers and buy Hero Motocorp, Bajaj Auto and TVS Motor Company on dips.
                       
Avoid buying in banking sector for time being.

Always be very cautious, when some main planets i.e. Rahu, Ketu, Jupiter and Lord Saturn are changing their houses. It may be that certain sectors which were continuously getting support for long time may stop receiving support due to change in position by above planets and stocks of those sectors starts coming down, resulting in losses. This is common reason, why most people loss money.

One should trade only in the stocks of that sectors which are getting very strong astrologically support.

Sectors which get very strong astrological support support are not normally affected by downfall in the market.

Disclaimer: The views and investment tips expressed by investment experts 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.