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Rupee to show strength: Astromoneyguru

Ajay Jain, CEO of Astromoneyguru advises currency traders to watch rupee movement against USD. Any time rupee may show recovery against USD.

January 28, 2014 / 13:10 IST

As per Col Ajay Jain, CEO of Astromoneyguru, January 28 represents by planet known as Sun and year 2014 is represented by Ketu. Sun and Ketu planets are known for highest volatile movement in capital market. As per astro economics first half of the day is expected to be weak, but strong bounce back is also expected in Indian stock market.

Therefore zig-zag movement is expected in Nifty. As per stars, Nifty should be bought at lowest levels.

Indian rupee has seen 10-week lowest levels against US dollar in currency market. As per financial astrology, this is a time for bounce back at lower levels. Therefore it is advised to currency traders to watch rupee movement against USD. Any time rupee may show recovery against USD.

first published: Jan 28, 2014 01:10 pm

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