The 13th week of the year 2008 represents figure thirteen (13). This figure represents Rahu as per astrology, Rahu is known for north nod of moon or Dragon 's mouth.
Rahu is very famous for unexpected result in world future market. During this week, there are combinations of three planets -- Venus, Mercury and Rahu in Saturn's sign (Kumbh rashi), Mars is being aspected by Jupiter.
All these combinations and conjunctions of different planets favours bulls in the world stock and commodity market. Downward corrections seem to be over.
As per financial astrology, bulls may now show their strength in stock, commodity market. Upward movement is expected to begin with Asian market followed by European and US stock markets. Therefore, investors are advised to invest in A grade stocks: metal, ifrastructure, oil and gas, telecommunications, automobile, FNGC, power.
For heavy engineering, apex financial institutions, they should have 30 days' investment view. As per stars, April 2008 is expected to be positive for the Indian stock market.
During this week, a very important planet Mercury is departing from Rahu conjunctions and will make new conjunctions with Sun in Meen Rashi and Moon will make conjunctions with Rahu.
This combinations may bring bullish movement in the Indian stock market. Bullions are also expected to bounce back in first half of the this week followed by crude oil.
Our advance predictions about heavy volatility in Indian stock market has proved to be correct . Nifty graph never showed stability for more than an hour during the previous week. Bullions were also shown sudden bounce-back from middle of the previous week.
Stock Market: As per astro-technical calculations, this week is expected to see positive movement. In the global and Indian stock markets, this upward movement may be seen in European and US stock markets also.
Banking, power, heavy engineering, oil and gas, cement, telecommunications, pharma, infrastructure, real state sector are looking attractive for investment for one-month period.
As per astro-technical predictions, now Nifty may show upward movement between 5100 and 5300/5500 levels in the Indian stock market within 7 to 10 trading days. Remember: I told all my readers in my previous newsletter that uncertainity, confusions will be on till last week of March.
April 2008 may bring good hope for investors and traders. However, investors may consider Nifty support levels of 4783 as safe.
Remember this time relief rally may not continue for long. Therefore, timely profit booking is always advisable at higher levels.
Important sector watch: Banking, infrastructure, power,
Important stock watch: PFC, Power Grid Corp, SBI, Videocon ind, Stc India.
Investers may keep eyes on following stocks also with their levels.
Buy Reliance Capital with stop loss 1300 target Rs 1450. Buy GMR Infrastructure L with stop loss 125 target Rs 185
Buy Reliance Inds. with stop loss Rs 2250 target Rs 2500
US stock market: Dow Jones Industrial Average In (DJI) was closed at 12216.40. levels. As per financial astrology, this week may start with volatile trend in US stock market, expected support levels levels of Dow are 12000 and 11800.
Resistance for US stock market is expected at 12450 and 12510. Strong upward movement in US Stock market is expected anytime during this week. Banking, telecommunications, pharma sectors may be on focus this week.
Nifty Level
Nifty Resistance levels: (1) 5050 (2) 5190 (3)5350
Nifty support levels: (1) 4850 (2) 4800 (3) 4750
Investors may trade in Nifty according to these levels
Commodities
Crude Oil: As per stars, crude oil is expected to show positive trend this week. Crude oil resistance levels will be at $109 or $111 per barrel and support levels at $103 or 101 per barrel in world future market.
Crude oil is expected to show positive movement due to some political tensions at oil producing countries. Therefore, investers need to be careful in short positions.
This relief rally in crude oil is expected for a very short period. Therefore, profit booking in long positions in crude oil is suggested at higher levels.
Bullions: As per financial astrology, gold and silver may show some bounce back at lower levels. Expected target for gold: $940 to $955 during this week. Support levels for gold: $910. Silver may also follow gold in future market. This week bullion may see highest volatility, no big volaume trading is advised.
Profit or loss for you
This week may bring fortunes for Mesh Rashi and Meen Rashi (moon sign as per the Indian astrology).
Take a look on how the predictions have come true in the last week
Stocks: As per our Advance predictions Indian stock market has seen lot of volatility in world stock market . No clear trend was seen in the previous week . But our recommended stocks were among the top gainers.
Our predictions on Nifty levels have also been correct.
Lt Col Ajay is a leading astro-finance consultant and CEO of www.astromoneyguru.com
