Sterlite Industries looks positive: Astromoneyguru

By Ajay Jain of Astromoneyguru.com

As per Col Ajay of Astromoneyguru.com 25th day of Oct month is represented by planet known as Ketu and Year 2012 represented also by Mercury. Today Ketu is with Jupiter and Mercury is with Mars and Rahu in varashab rashi. This combination may lead highest volatility in world capital market. Our advance predictions for Tata coffee, cairn India proved correct under highest volatility. It is important to note that levels are important for short term trading.
             
Today As per Astro economics sugar, automobile and media stocks may see profit booking in Indian stock market.  Indian stock market may see positive opening but profit booking is also expected at higher levels.  Today monthly settlement for future and options will be also therefore small traders need to keep away from market for time being. It sis recommended to go for sector and stock specific trading rather than looking at Nifty and Sensex.  Please recall our advance predictions for rain fall after third week of Oct 2012. Now Rains are reported all important Agro productions areas.   
             
Following stocks are recommended to be kept under observations for short-term trading:
 
Sell Bajaj Hindustan (30.35) with stop loss Rs 31.10 targets 30, 29.10

Buy Sterlite Industries (India) (98.50) with stop loss Rs 97 target Rs 100, 101.50.

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.