It was predicted on 19th April 10 (when NIFTY was down by 58 points) Whatever may be the content / outcome of the RBI credit policy to be announced on 20th April 10 Astrological position suggests that BANKING / FINANCIAL stocks will out perform for next fortnight On 20th APRIL, RBI announced increase in CRR, REPO RATE & REVERSE REPO rate by 25 basis points each. Almost all BANKING & FINANCIAL stocks were on fire & AXIS, ANDHRA, BOI, SBI, DENA & DCB went up by 3-10%. Among FINANCE PFC, DEVAN HSG, CANFIN HOME, LIC HSG. GRUH FINANCE, IDFC by 3-5%. BSE bankex was the 2nd best performing indices & all most all stocks in this sector closed in green. Momentum in these sectors will continue.
As predicted last week, there was good demand in HOTEL & PERSONAL CARE sectors. In HOTELS INDIA HOTEL, ROYAL ORCHID, TAJ GVK & KAMAT went up by 1.2 32%. Among PERSONAL CARE- DABUR, COLGATE, HIND UNILEVER & GODREJ CONSUMERS by 2-10%.
As predicted last week, FINANCIAL stocks continued upward journey & BOI, DEVAN HSG., KOTAK BANK, GRUH FINANCE, ALLHABAD BANK & CENRAL BANK moved up by 5-9%. Among LIQUORS UNITED BREWERIES, EMPEE, PIONEER & KHODAY appreciated by 8-21%. TATA MOTOR & TITAN by 3.6-2.5%.
As predicted last week, there was great demand in LIQUOR stocks & GLOBUS, GM BREWERIES, TILAKNAGAR, ASSOCIATED & INDAGE VINTERS moved up by 7 27%. Among POWER EQUIPMENTS HBL POWER, HAVELS, CROMPTON & INDO ASIAN FUSE by 7-20%. In FINANCIALS HDFC & LIC HSG. by 8-10%.
THE RBI ON LAST FRIDAY (19th MARCH) MOVED TO STEM THE INFLATIONARY PRESSURE BY RAISING ITS KEY POLICY RATES REPO (THE RATE AT WHICH BANKS BORROW FUNDS FROM RBI) & REVERSE REPO (THE RATE AT WHICH BANKS PARK FUNDS WITH RBI) BY 25 BASIS POINTS. AFTER THE ANNONCEMENT, ENTIRE MEDIA BACKED BY VARIOUS ANALYSTS WERE OF THE OPINION THAT CONSEQUENT TO THIS ACTION OF RBI, BANKING & INTEREST RELATED STOCKS WOULD UNDER PERFORM. DUE TO THIS REACTION ON MONDAY (22nd MARCH) - SINGAPORE NIFTY ALSO OPENED NEGATIVE BY 75 POINTS. BUT, KEEPING IN VIEW THE STRONG PLANETARY SUPPORT THIS SECTOR WAS GETTING, WE RECOMMENDED ON OUR WEB SITE www.astrostocktips.in ON 21st MARCH 10 TO BUY FINANCIAL / BANKING STOCKS ON DIPS. WE REITERATE THAT WHATEVER EVER MAY BE THE OPINION OF MEDIA/ ANALYST FINANCIAL SECTOR WOULD CONTINUE TO GET STRONG ASTRO SUPPORT & THEREFORE OUT PERFORM.. BANKING SECTOR WAS ONE OF THE BEST PERFORMING SECTOR DURING THIS WEEK.& MANY STOCKS IN THIS SECTOR i.e., AXIS BANK, HDFC BANK, BANK OF BARODA, PNB etc MADE ALL TIME HIGH.
PREDICTED ON 10th MARCH 2010 THAT TEXTILE STOCKS WILL OUT PERFORM FOR NEXT 15 DAYS. TO-DAY ALMOST ALL TEXTILE STOCKS WERE ON FIRE & S KUMAR went up 16%. LOYAL, NAHAR, ARVIND, SIMPLEX, NAHAR SPNG., INDIA CARD CLOTHING, SHREE LAXMI COTTON, WEAROLOGY,, AMBIKA COTTON, VARDHMAN TEXTILE, BANSWARA, DONEAR, BOMBAY DYING ect APPRECIATED BY 5- 7%.
S U G A R T U R N S B I T T E R STOCKS OF SAMVAT - Every year (Samvat), certain sectors get extra ordinary Astrological planetary support & stocks in that sector out perform than others. According to our past experience, stocks of such sectors give exorbitant returns & keeps up moving even in odd situations (bull or bear market). Among other sectors - SUGAR is one of them during the present samvat 2066, which ends on 16th March 10. We had predicted & recommended to invest in this sector many times on our web site www. Astrostocktips.in & during interview on various channel during last one year. The stocks of DHAMPUR & DHARNI SUGAR went up by 600%, BAJAJ HINDUSTAN by 487%, SAKTHI & SIMBHOALI SUGAR by 463%. TRIVENI by 310 % & RENUKA, RAJSHREE & BALRAMPUR CHINNI moved up 226 244%. Stocks from SUGAR sector have been moving up against all odds during last one year Now, when present Samvat 2066 is going to be over from 16th March 10 & new Samvat 2067 is to start all negative news start pouring in about SUGAR sector from 10th March resulting in negative opinion of the investors about this sector. In 3 trading sessions SIMBHOALI, DHAMPUR, DWARIKESH, RAJSHREE, BALRAM PUR, RENUKA, BAJAJ HINDUSTAN came down by 23 -11%. Sectors, that will be getting strong ASTROLOGICAL support & out perform in the ensuing Samvat 2067 will be unveiled after the Samvat starts.
LAST WEEKS PREDICTION: As predicted, there was very good demand in LIQUOR Stocks & MCDOWEL, BALAJEE, KHODAY, INDAG, TILAKNAGAR etc moved up by 10 16%. BANKING / FINANCIAL sectors also out performed with KOTAK, UBI, BOM, CANARA, OBC & KARNATKA etc appreciated by 9 15 %. Among FINANCIALS - M&M FINANCIALS, BAJAJ AUTO FINANCE, LIC HOUSING, DEVAN HSG., INDIA BULLS etc by 8-15 %.
PREDICTED ON 26th FEB ( BUDGET DAY)IN THE EARLY MORNING HRS "Since planet MERCURY has changed the house this morning at around 6 A M . So, do not get panic by seeing Singapore NIFTY which is quoted negative. With the passage of time market will gain strength & BANKING / FINANCIAL sectors will out perform." DURING the day NIFTY went up by over 100 points & FINANCIAL sector was one of the best performer with LIC HSG., IDFC, SUNDRAM FINANCE, SHRIRAM TRANSPORT, IFCI & REL CAPITAL went up 6 - 10%. BANKEX UP by 2.2%.
PREDICTED on 13th FEB 2010 that" CEMENT, LIQUOR & TWO WHEELER stocks will out perform next week" As predicted there was very good demand in CEMENT stocks & ACC, ULTRATECH, SHREE CEMENT, DALMIA CEMENT, JK CEMENT went up by 4 20%. All above stocks closed positive by 1.25 13%. Among LIQUOR MCDOWELL up by 4%. BAJAJ AUTO by 4%.In DEFENCE - BEL & NELCO appreciated by 6 -10%.