Crude oil may show weakness: Astromoneyguru

As per Lt Col Ajay Jain of www.astromoneyguru.com, June 2nd is being represented by planet known as Moon and Year 2011 represented by planet Rahu. Today Moon and Sun are varashab with Mercury. Jupiter is in Mesh with Venus and Mars while Rahu is in Dhanu rashi. Combination of Moon and Rahu may bring weakness at opening in Indian stock market. Short term investors may keep eyes on oil marketing companies and FMCG for short term trading weakness expected in banking, automobile, metal and real estate may show weakness. 

While telecommunication and fertilizer stocks may show neutral or sideways movement. Our advance predictions on previous article once again proved correct. Silver has shown highest volatility in future trading. Double top and double bottom formation on chart made. Recommended stocks also achieved target.  It is said that buying and selling levels are the soul of the trade without levels no traders can earn in electronic trading. Therefore timely profit booking is strongly recommended. Now 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. Mithun, Kanya and Dhanu 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.

Today Crude oil expected to show weakness in commodities market. 

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

Stocks recommendations
Sell GMR Infra (CMP Rs 34.60) with stoploss Rs 35.50, target Rs 33, 32
Sell Cairn India (CMP Rs 338.90) with stoploss Rs 345, target Rs 335, 333
Buy HPCL (CMP Rs 383.40) with stoploss Rs 380, target Rs 385, 387

Commodities predictions - Crude oil may show weakness.

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

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