Invest in steel stocks, keep eyes on Tata Steel, SAIL: Ajay Jain

Ajay Jain  of astromoneyguruAs per Ajay Jain, CEO at astromoneyguru.com August 16 is represented by planet known as Ketu and third week of August 2016 is represented by planet known as Rahu 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, this will be interesting to watch - combination of Sun and Rahu and Jupiter with Mercury.

This will be real test of market experts about correct direction of the market.

As per astro economics and stars, steel sector has seen the worst period in last couple of years. Global levels and almost all leading steel companies have seen great downfall in steel price which effect their profit margin and operative cost.

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Ajay Jain

CEO|Astromoneyguru.com

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As per astro economics, this is time for invest in steel companies at different levels. Investors may keep eyes on public sector unites this week and especially metal stocks may see fresh buying interest.

Tata Steel, Steel Authority of India and Mahamaya Steel are few stocks which should be kept under observation for few months.

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

Disclaimer: The views and investment tips expressed by investment experts onmoneycontrol.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.