See profit booking in metals, oil & gas, banks: Ajay Jain

By Ajay Jain of Astromoneyguru:As per Ajay Jain, CEO at Astromoneyguru.com May 3 is represented by planet known as Jupiter while year 2016 is represented by planet known as Mars. Right now Mars, Saturn, Mercury and Jupiter are in retro gradation with Rahu and Ketu; Total six planets are in retro gradation.As per Ajay market theory, this combination may lead to volatility and uncertainity in global capital and commodity market.As per financial astrology, today positive opening is expected in Indian stock market but timely profit booking is strongly recommended since any time trend reversal is also expected at higher levels. As per stars, second half of the day may not favor bulls in stock market. Metals, oil & gas and banking stocks may come under profit booking.Following stocks may see positive movement during first half of the day: (1) Vedanta (2) Maruti Suzuki (3) SBI (4) Lupin.As per stars, copper may see profit booking any time in commodity market.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/astrologers 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.