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08 October, 2015 00:54 IST
Weekly market outlook by Satish Gupta
Source: IRIS | 09 Nov, 2012, 03.46PM
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By Satish Gupta of 

Weekly planetary position: During the week, Moon will be transiting in Libra, Scorpio & Sagittarius, Lord Saturn in Libra, Rahu & Mercury in Scorpio, Jupiter & Ketu in Taurus, Venus in Virgo, Mars & Pluto in Sagittarius, Uranus in Pisces, Neptune in Aquarius and Sun will shift to Scorpio on Nov. 16, 2012.

Planet Mercury, which controls our mind (Buddhi) is transiting in Scorpio & is in retrograde position from Nov. 7, 2012 to Nov. 27, 2012. During retrograding, it will be in Libra (house transfer) from Nov. 19 to Dec. 6, 2012. Be cautious as one is likely to take wrong decisions, resulting in financial losses, depending on its position in individual horoscope. Persons with Taurus, Scorpio, Gemini & Virgo rashi need to be extra vigilant.

Following sectors will be getting astrological support:

Financial sector will be receiving strong astrological support. `Buy` Shriram Transport, Srei Infra, IDFC, IFCI, PFC, REC, etc. on dips.

Leather sector will also be receiving strong astrological support. `Accumulate` Bata, Relaxo, Bhartiya International, etc. on decline.

Auto sector will continue receiving very strong astrological support. `Accumulate` Tata Motor, Mahindra & Mahindra, Maruti, Ashok Leyland, Heromoto, Bajaj Auto on every decline.

Pharma sector i.e., Divis Lab, Dish Pharma, Cipla, Biocon, Dr Reddy, Sun Pharma, Glenmark, etc. will also continue receiving strong astrological support. Since stocks from this sector have moved up substantially from the time, it has been predicted by us, buy only on dips.

Textile sector will continue getting astrological support. `Buy` Arvind, Century, Raymond, BRFL, Garden Silk, etc. on dips.

New Samvat 2069 (Hindu New Year) have started from Mar. 23, 2012. Whenever New Samvat starts, based on planetary position / conjunction & aspect among planets, some new sectors commence out performing & many sectors, which were in momentum during last Samvat start underperforming.

It has been observed many times that investors / traders (not knowing this fact) keep investing /trading in such sectors,( whose astrological support is over) - resulting in losses. It is suggested to consult your Financial Astrologer to know about the sectors.

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.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.

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