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Oil & gas, metal, banks may see upward move: Astromoneyguru

According to Ajay Jain, CEO at astromoneyguru.com, Oil & gas, metal and banking stocks may see upward move in Indian stock market. Timely profit booking is mandatory under volatile market.

May 17, 2016 / 12:27 IST

As per Ajay Jain, CEO at astromoneyguru.com May 17 is represented by planet known as Saturn while year 2016 is represented by planet known as Mars. Right now Mars, Saturn and Mercury are in retro gradation with Rahu and Ketu; Total five planets are in retro gradation. Important planet Mercury is with close conjunction with Sun.As per Ajay market theory, this combination may lead to positive move in Indian stock market. Oil & gas, metal and banking stocks may see upward move in Indian stock market. Timely profit booking is mandatory under volatile market.Following stocks may see positive move during the day: (1) Vedanta (2) ONGC (3) Cairn India.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: May 17, 2016 12:27 pm

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