Stock market prediction for Oct 28-Nov 1: Satish Gupta

By Satish Gupta of astrostocktips.in:

Weekly planetary position: During the week, Moon will be transiting in Cancer, Leo and Virgo. Lord Saturn, Rahu, Sun and Mercury in Libra. Venus in Scorpio. Mars in Leo. Jupiter in Gemini, Ketu in Aries. Pluto in Sagittarius. Neptune in Aquarius and Uranus in Pisces. Venus will shift to Sagittarius on October 30, 2013. Planet Mercury, which controls our mind (Buddhi) is transiting in Libra and is in retrograde position from October 21, 2013 to November 11, 2013. Be cautious, as one is likely to take wrong decisions, resulting in financial losses, depending on its position in individual horoscope. Technical analysts / researchers can be worst affected (since planet Mercury is significator of this profession). Persons with Gemini, Virgo, Libra and Aries rashi / ascendant need to be extra vigilant. Following sectors will be getting astrological support: Technology sector, after a gap of one week will again be getting strong astrological support. Buy Tata Consultancy Services, HCL Technologies, Infosys, Tech Mahindra, Thinksoft Global Services etc on dips. It was predicted last week that astrological support to this sector will resume shortly. Mining and minerals sector will be receiving astrological support. Buy Sesa Sterlite, MMTC, 20 Microns, Gujarat Mineral Development Corporation, NMDC etc on dips. Liquor sector will also continue receiving astrological support. Buy United Spirits, Tilaknagar Industries, United Breweries, Globus Spirits, Som Distilleries and Breweries etc on decline. This sector was predicted last week also and during the week – McDowell Holdings, Tilaknagar Industries, United Breweries and Globus Spirits went up by 7-20 percent from weekly low. Leather sector will also continue getting astrological support, Buy Bata India, Mirza International, Relaxo Footwears, Liberty Shoes etc. This sector was also predicted last week and during the week – Bata, Relaxo Footwears, Liberty Shoes and Mirza International moved up by 4.9- 18 percent from weekly low. Food processing sector will also be getting astrological support. Buy Jubilant Foodworks, Britannia Industries, Kwality, LT Foods, Nestle and Venkys on dips. This sector was also predicted last week also and during the week – Nestle, Venkys, Britannia and Kwality moved up by 3-20 percent. Down trend was noticed on Friday in auto sector. This was due to some weakness in planetary position. Accumulate Bajaj Auto, Hero Motocorp, Mahindra and Mahindra and Maruti Suzuki India on dips, as support to this sector will resume shortly. Always be very cautious, when some main planets i.e. Rahu, Ketu, Jupiter and Lord Saturn are changing their houses. It may be that certain sectors which were continuously getting support for long time may stop receiving support due to change in position by above planets and stocks of those sectors starts coming down, resulting in losses. This is common reason, why most people loss money. One should trade only in the stocks of that sectors which are getting very strong astrologically support. Sectors which get very strong astro support are not normally affected by downfall in the 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.