Stock market prediction for April 29 to May 3: Satish Gupta

Written By Unknown on Sabtu, 27 April 2013 | 16.02

Weekly planetary position: During the week, Moon will be transiting in Sagittarius & Capricorn. Lord Saturn & Rahu in Libra. Jupiter in Taurus.  Pluto in Sagittarius. Neptune in Aquarius. Ketu, Mars, Sun, Venus & Mercury in Aries.

Lord Saturn is in retrograde position from 18th February to 8th July 2013.

Following sectors will be getting astrological support:

Auto sector will continue receiving strong astrological support. Buy Tata Motors , Mar uti Suzuki , Mahindra and Mahindra , Bajaj Auto , Eicher Motors on dips. This sector was predicted last week also & during the week Bajaj Auto, Tata Motor & Maruti shot up by 7.5-13 percent.

Pharma sector will continue getting strong astrological support. Buy Cipla , Dr Reddys , Aurobindo Pharma , Divis Lab, Glaxo Smithkline, Ajanta Pharma on dips. This sector was predicted last week also and during the week Dr Reddy, Lupin, Sun Pharma made new highs.

Although astrological support to financial sector will be over for some time, but this time should be used to accumulate stocks from this sector around support levels. Needless to mention that this sector has been continuesly predicted/recommended since last one month. During last week, this sector too out performed and Axis Bank , HDFC , LIC Housing , Indusind Bank , Bajaj Finance , M&M Financial appreciated by 9-15 percent. In last one month Bank Nifty appreciated by 15 percent.

Take the case of Sugar sector, which has been continuously getting positive news since last more than 6 months and despite decontrol-failed to outperform, simply because this sector is not receiving any astrological support.

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.



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