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Expect positive move in copper: Astromoneyguru

According to Ajay Jain, CEO at astromoneyguru.com, one may see positive move in copper.

August 08, 2016 / 12:21 IST

As per Ajay Jain, CEO at astromoneyguru.com August 8 is represented by planet known as Saturn while year 2016 is represented by planet known as Mars.

Right now Venus, Mercury and Rahu are in Leo sign. As per astro economics, this combination may lead to positive movement in base metals in commodity market. Impact may be seen in metal based stocks in Indian stock market as well.

Copper is known as king of base metals in commodity market and playing important role in global economy. As per astro economics, positive movement is expected in copper.   

Fresh buying interest can develop in Indian capital market. Automobile, FMCG, fertiliser, banking, metal, steel and paints stocks may see buying interest.

Following stocks may show positive move during the day: (1) Vedanta, (2) Rural Electrification, (3) Power Grid Corporation.    

The above predictions are based on financial astrology. Risk management is a mandatory tool for trading in stock and commodity market.

Disclaimer: The views and investment tips expressed by investment experts 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: Aug 8, 2016 12:19 pm

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