Last Updated : 03 Jul 2009
Oil likely to show weakness in spot markets
As per financial astrology, 3rd day of July is represented by Jupiter and Year 2009 is also represented by Moon. Therefore combinations of Moon and Jupiter made “GajKesari” yoga which may bring down prices of crude oil in spot and futures.
Indian stock market is expected to show volatile movement. Profit booking is expected in Cairn India and certain railways connected stocks like kalandee rail nirman, Titagarh wagons are likely to remain higher. Traders may keep eyes on Gail, M&M, HMT, HPCL, BPCL, and IOC for short term trading.
Natural gas may show weak movement in spot and futures markets.
Crude oil may show negative trends in spot markets.
Jute may show strength in spot and futures markets.
Indian rupee may show strength against the dollar in spot and futures markets.
Predictions are based on financial astrology. Investors may go through their personal horoscope also before taking any decisions.
Lt Col Ajay is a leading Astro-finance consultant and CEO of www.astromoneyguru.com, www.futurebazaronline.com mobile -09414056705, 0141-2568292