Telecom sector will continue getting astrological support. Buy Reliance Communications, Bharti Airtel, Tata Communications and Idea Cellular on dips.
Weekly planetary position: During the week, Moon will be transiting in Aries, Taurus & Gemini. Lord Saturn, Rahu & Venus in Libra. Mars in Cancer. Sun & Mercury in Virgo, Jupiter in Gemini, Ketu in Aries. Pluto in Sagittarius. Neptune in Aquarius & Uranus in Pisces. Mercury will shift to Libra on September 25, 2013.
As predicted, volatility & deception was at peak last week. For first three trading sessions, it was range bound market & on Thursday, to surprise everybody it was gap up opening by 140 points in Nifty & closing was still higher above 200 points, irrespective of any favorable development or news. Everybody was skeptical with the abnormal & unexpected rise in Nifty & many took long positions since closing was above all moving averages & many technical analysts also recommended.
Again on Friday, at one stage, Nifty nosedived by 200 points, forcing the bulls to cover their long positions. Be Cautious, such deception & volatility will continue in coming week also.
We want to make it clear that deception does not mean always down trend. It can be on either side. Sometimes bulls are trapped & some time bears during deception period.
It is very difficult to trade during astrological deception period & for that one may join our professional services for timely guidance.
Following sectors will be getting astrological support:
Pharma sector will continue getting very strong astrological support. Buy Sun Pharma , Lupin , Divis Lab , Dr Reddys , Wockhardt , Ajanta Pharma , Dishman , Alembic , Indoswift etc.
Media / entertainment sector will also be getting astrological support. Buy Zee Entertainment , Sun TV , TV18 Broadcast , Hathway , Reliance Mediaworks etc on decline. (Moneycontrol.com and Television Eighteen Network are both part of the Network18 Group.)
Telecom sector will continue getting astrological support. Buy Reliance Communications , Bharti Airtel , Tata Communications and Idea Cellular on dips.
Leather, liquor & paints sectors will continue receiving astrological support. Accumulate Bata , United Spirits and Asian Paints on dips.
Avoid banking sector for time being.
Always be very cautious, when some main planets i.e. Rahu, Ketu, Jupiter & 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 & 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 astrological support are not normally affected by downfall in the market.
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Stock market prediction for Sept 23-27: Satish Gupta
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