Kshitij Anand Moneycontrol News
While we are just a few months away from Vikram Samvat 2076 based on the Hindu Calendar year, which will start from April 2019, most astro pundits predict a volatile 2019, especially the next 12 months.
Investor focus should be on sectors which are ruled by planet ‘Shani’ or ‘Saturn’ which will be the ruling planet for Vikram Samvat 2076, suggest astro gurus.
We just kickstarted Samvat 2075, which is the year followed as per Gujarati traditions for keeping financial books, and will continue till next Diwali. This is different from Vikram Samvat, which is an year follower as per Hindu calendar.
“We are a few months away (April 2019) from Vikram Samvat 2076 which would be ruled by ‘Saturn’. Hence, we must not exclude sectors driven by it. We should invest in bluechip stocks of mining, metal, IT, banking and other service sectors,” Astrologer Richa Pathak of Jyotishdham told Moneycontrol.
“We predict an ongoing volatility in Sensex and Nifty basis the planetary positions in the remaining Samvat 2075. We also see some upward trend in the indices from February 24, 2019, which will further gain momentum from March 6. Needless to say, sharp volatility would exist during this period as well,” she added..
Astrologers' advice on stocks is not as common, when compared to fundamental or technical experts, but has evolved over a period of time with great accuracy.
Satish Gupta of astrostocktips.in has been tracking stock markets for the last over 45 years and he feels that every year with the commencement of new Samvat (Hindu New Year), astrologically, based on planetary position, certain new sectors start getting strong astrological support and start outperforming.
He further added that stocks of astrological supported sectors outperform resulting in exorbitant gains irrespective of market behaviour, either bull market or bear market.
For the next 12 months, Gupta predicts five sectors are likely to get astro support — textile, paper, liquor, personal care and housing finance. In terms of stocks, Asian Paints, United Spirits, JK Paper and Jet Airways will be in focus.
As Per Ajay Jain, astromoneyguru CEO ajayastromoneyguru.com, 2019 is represented by planet known as Rahu and this shadow planet Rahu is well known for unexpected results in traditional astro economics.
“Right now, the Indian stock market is in bear grip, especially financial sectors, banking stocks hit badly during October month. The Nifty has also seen the deep downward move. Now, as per astro economics, November 2018 may show new hopes for the Indian stock market. Strong bounce back is expected by December first week,” he said.
Financial Astrology always works on time and sector-specific movement in the financial market. In the year 2019, metal, oil & gas, cement, paints, ceramic tiles, mining, steel, chemicals stocks may provide fresh investment opportunities to investors. Steel sector that was hit badly in the last 2-3 years, will also hog the limelight.
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.
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