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See buying in metal stocks, copper may head higher: Ajay Jain

According to Ajay Jain, CEO at astromoneyguru, investors may keep eyes on public sector space this week especially metal stocks which may see fresh buying interest.

August 18, 2016 / 10:40 IST

By Ajay Jain, CEO at astromoneyguruAs per Ajay Jain, CEO at astromoneyguru.com August 18 is represented by planet known as Mars and year 2016 is represented also by Mars.

During this week Sun will also join his 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 stocks may lead from the front in Indian secondary capital market.

As per astro economics, Indian stock market may open with positive note. Buying interest may be seen in power, metal and automobile stocks but timely profit booking is strongly recommended since any time profit booking at higher levels is also expected.

Investors may keep eyes on public sector space this week especially metal stocks which may see fresh buying interest.

Fresh buying interest may develop in following stocks: (1) REC (2) Power Grid (3) TCS (4) Mahamaya Steel.

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

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 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 18, 2016 10:40 am

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