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Invest in power, steel stocks; copper may head higher: Ajay Jain

According to Ajay Jain of astromoneyguru, this is time to invest in power and steel companies at different levels while copper may see upward movement in Indian commodity market.

August 17, 2016 / 10:50 IST

By Ajay Jain of astromoneyguru:As per Ajay Jain, CEO at astromoneyguru.com August 17 is represented by planet known as Saturn and year 2016 is represented by Mars.

During this week, Sun will also join its home Leo making conjunction with Rahu, Mercury and Venus.

It is important to note that Mercury will join hands with Jupiter during second half of the week.

As per financial astrology, today public sector units, especially power, metal and oil & gas stocks may lead in Indian secondry capital market.

As per astro economics, this is time to invest in power and steel companies at different levels.

Investors may keep eyes on public sector unites this week. Especially metal stocks may see fresh buying interest. Fresh buying interest may develop in following stocks:

(1) Rural Electrification Corporation (2) Power Grid (3) SAIL (4) Mahamaya Steel.

Copper is known as king of base metals . As per astro economics, today copper may see upward movement in Indian commodity market.

The above predictions are done through financial astrology and numerology. Risk management is mandatory tool in stock and commodity trading.

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 17, 2016 10:50 am

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