As per Lt Col Ajay of www.astromoneyguru.com 23rd Day of May is being represented by planet known as Mercury and Year 2011 represented by planet Rahu. Today Mercury is in Mesh rashi with conjunctions of Jupiter and Venus. Moon in Capricorn Rahu are in dhanu rashi. Combination of Mercury and Rahu may bring upward movement in selected sector and stocks. Short term investors may keep eyes on Pharma, Hotel, fertilizer and oil marketing companies while weakness in metal especially steel stocks expected in Indian stock market.
Our advance predictions on previous article once again proved correct. Recommended stock Scooter India was fridge on upper circuit while Soya also moved as per expected in Indian and international commodities market. Short term investors need to focus on selected stocks rather then looking at nifty levels. It is very important to trade with levels otherwise you may loose It is said that buying and selling levels are the soul of the trade without levels no traders can earn in electronic trading. Mesh , Singh and Dhanu rashi investors may take full advantage of market volatility while and Makar rashi investors need to careful since day are not very favorable for these investors. Therefore traders are advised to book timely profit at given levels. Short term traders may keep eyes on Hpcl for short term trading.
Following stocks and commodities should be kept under observations for short term trading
Stocks recommendations Buy Jindal PolyFilm (374.40) with s/L Rs 370 target Rs 378, 381
Buy HPCL (360.90) s/L 358 target 362, 365
Buy Divis Laboratories (727.30) with SL 715 target Rs 733, 740
Commodities predictions
Steel is looking weak in next 2-3 days time frame
Important note- Predictions base on financial astrology. Consult your horoscope before taking any decision, Risk management is mandatory tool in electronic trading
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