Ranbaxy looks negative: Astromoneyguru

As per Lt Col Ajay Jain of www.astromoneyguru.com, May 10th is being represented by planet known as Sun and Year 2011 is represented by planet Rahu. Rahu is in Dhanu rashi. Venus is with Mercury and Jupiter in Meen rashi.  Mars will make conjunction with Sun and Jupiter. Combination of these planets indicates flat to positive opening at Indian stock market.  Our Advance predictions for stocks and commodities for previous week proved correct. Proved correct. Crude oil (14%) and silver (28%) have seen one side downward movement in International and Indian commodity market previous week.

Today Indian stock market may show mixed result buying interest is expected in oil and gas, paints while selling pressure is expected in pharma stocks. Metal stocks likely to see upward movement, oil marketing, banking, fertilizer stocks may do well. Timely profit booking is advised in recommended stocks. It is very important to trade with levels otherwise you may loose profit. Varashab, Kanya and Makar rashi investors may take full advantage of market volatility while and Meen rashi investors need to careful since day are not very favorable for these investors. It is said that buying and selling levels are the soul of the trade without levels no traders can earn in electronic trading. Therefore traders are advised to book timely profit at given levels. Selling pressure is expected on Ranbaxy in stock market.

Following stocks and commodities should be kept under observations for short term trading.

Stock predictions - Buy Berger paints (CMP Rs 97.35), with stoploss Rs 95, target Rs 99, 100.

Commodities predictions - Wheat looks positive in spot and future market.

Important note - Predictions are based on financial astrology. Consult your horoscope before taking any decision, Risk management is mandatory tool in electronic trading.

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.