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Buy HPCL, target of Rs 305: Astromoneyguru

According to the Ajay Jain of Astromoneyguru.com, one can buy HPCL with a stoploss of Rs 301 for a targe of Rs 305-306.5.

October 26, 2012 / 10:08 IST

By Ajay Jain of Astromoneyguru.com

As per Col Ajay of Astromoneyguru.com 26th day of Oct month is represented by planet known as Saturn and Year 2012 represented by Mercury.  Right now Saturn is with Sun in Tula rashi while Mercury is with Mars and Rahu in Varashab Rashi.  Both planets are second and twelveth positions to each other.  Right now Venus is in Kanya rashi. All these combinations are indicating mixed trend with profit booking in world capital market. Please recall our advance predictions about uncertainity and volatility in Oct month due to planets. 
         
Today As per stars sugar, automobile and media stocks may come under selling pressure in Indian stock market.  Mining stocks may also see southward movement. While oil marketing companies may see some buying interest in Indian stock market. It is important to note that levels are important for short term trading.
 
Following stocks are recommended to be kept under observations for shorterm trading:

Sell Bajaj Hind (30.50) with stop loss Rs 31.10 targets 30, 29.10.

Buy HPCL (302.50) with stop loss Rs 301 target Rs 305, 306.50.

Disclaimer: The views and investment tips expressed by investment experts/astrologers 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: Oct 26, 2012 09:58 am

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