As per Ajay Jain, CEO of astromoneyguru.com August 28 represents planet known as Sun and Year 2013 is represented by Venus. As per financial astrology combination and Sun and Venus may bring profit booking in Nifty, Bank Nifty in the Indian stock market. Banking, infrastructure and automobile sectors may see further downward move.
It is advised to keep eyes on sector and stocks rather than looking at Nifty and Sensex. Keep eyes on following stocks: (1) Cairn India (2) Sterlite Industries. Traders need to wait 30 minutes from opening for buying for short term .
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.
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