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Stock market prediction for July 29-Aug 2: Satish Gupta

According to Satish Gupta of astrostocktips.in, technology stocks like HCL Technologies, Hexaware Technologies and personal care stocks like Dabur India and Marico to get astrological support.

July 29, 2013 / 10:57 IST

By Satish Gupta of astrostocktips.in

Weekly planetary position: During the week, Moon will be transiting in Aries and Taurus. Lord Saturn and Rahu in Libra. Sun in Cancer. Mercury, Jupiter and Mars in Gemini, Venus in Leo. Ketu in Aries. Pluto in Sagittarius. Neptune in Aquarius and Uranus in Pisces.

As predicted, last week, volatility and deception was it at its peak. Although, planet Lord Sturn's and Mercury's retrogradation period is over but deception and volatility will continue next week also, so be very cautious in carrying over night positions in Nifty.

Following sectors will be getting astrological support:

Technology sector will continue getting strong astrological support. Buy HCL Technologies, Hexaware Technologies, Infosys, MindTree, Tech Mahindra, Oracle Financial Services Software, etc on dips. This sector was predicted last week also and during the week Infosys, HCL Technologies, Oracle Financials, Tata Consultancy Services (TCS), Tech Mahindra and KPIT Cummins Infosystems went up by 4-13 percent from weekly low.

Personal Care sector will also be receiving strong astrological support. Buy Dabur India, Hindustan Unilever, Colgate Palmolive (India), Bajaj Corp, Marico etc on dips.

Leather sector will continue receiving astrological support. Buy Bata India, Relaxo Footwears, Sreeleathers, Mirza International etc on dips.

Pharma sector will also continue receiving strong astrological support. Buy Lupin, Dr Reddys Laboratories, Biocon, Divis Lab, Glenmark Pharma, Cipla and Sun Pharmaceutical Industries etc on dips. This sector was predicted last week also and during the week, Cipla, Auro Laboratories, Sun Pharma and Biocon etc went up by 3-10 percent from low made during the week.

Paints and Liquor sectors will also be getting strong astrological support. Buy Asian Paints and United Spirits on decline.

New Vikram Samvat 2070 (Hindi/ Hindu New Year) have started from 11th April 2013.  With commencement of new Samvat, astrologically, based on planetary position, some new sectors start out performing, while others remain laggard.

According to our experience of last more than 13 years, stocks of such sectors outperform resulting in exorbitant gains, irrespective of the behavior of Market. They are called the sectors of Samvat. Last year when new Samvat started-Gem & Jewellery, Media & Entertainment and Paints sectors were sectors of Samvat 2069.

In Gem & Jewellery, Gitanjali Gems, Tribhuvan Housing and Vaibhav Global shot by 110-290 percent. In media and entertainment, Sun TV Network, Zee TV, Hathway, TV18 Broadcast and PVR moved up by 65-135 percent and among paints sector, Asian Paints, Berger Paints and Shalimar Paints appreciated by 55-97 percent. Tata Global Beverage went up by 80 percent during last one year.

Take the case of sugar sector, which has been continuously getting positive news since last more than six months and despite decontrol, failed to outperform, simply because this sector is not receiving any astrological support.

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 continue sly 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 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.

first published: Jul 29, 2013 10:57 am

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