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 WEEK’S 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%.
PREDICTED & RECOMMENDED TO BUY LIQUOR STOCKS - MCDOWEL etc ON 2nd FEB 10. DESPITE UNCERTAINTY IN THE MARKET MCDOLWEL went up by 5%.
DOWN TREND STARTED IN STOCK MARKET FROM 21st JAN. THE REASON ATTRIBUTED TO THE DOWN FALL WAS FEAR THAT RBI MAY HIKE THE CRR / REPO RATES. TO-DAY RESERVE BANK INCREASED THE CRR BY 75 BPS & AFTER ANNOUINCEMENT NIFTY RECOVERD BY ABOUT 100 POINTS FROM DAY’ S LOW & FINALLY CLOSED POSITIVE BY 15 POINTS. WITH THE INCREASE IN CRR –BANKING INDUSTRY IS WORST AFFECTED.BUT TO-DAY ALMOST ALL BANKING STOCKS i.e., BOB, ALLHABAD, ANDHRA, ICICI, VIJAYA, IDBI, CANARA, UCO etc CLOSED POSITIVE BY 3-6%. WE HAD PREDICTED THE FOLLOWING ON 17th JAN 10 ABOUT THE BANKING STOCKS. “With the change in position by planets – BANKING stocks will be again in demand. Whatever may be the opinion of analysts/ media about rate hike, astrological position suggests that this sector will continue its upward journey”
PREDICTED & RECOMENDED TO BUY LIQUOR STOCKS - MCDOWELL etc on 22nd JAN 09, BEFORE MARKETS OPENED. IT WAS ALL PANIC SELLING. NIFTY WAS DOWN BY ABOUT 100 POINTS & CLOSED NEGATIVE BY 58 POINTS. MCDOWELL WENT UP BY 7.8% & CLOSED UP BY 5.4%
LAST WEEK’S PREDICTIONS: It was lackluster week & NIFTY closing up by 1%, but action was seen in the sectors which were predicted by us. POWER stocks were in demand & TATA POWER, JSW ENERGY, JP HYDRO, CESC ect went up by 3-11%. Great rally in LIQUOR stocks & MCDOWEL, PIONEER, G M BREWERIES, TILAKNAGAR etc by 5-11% In AUTO – M&M & ESCORTS up by 7 & 16% respectively. Similarly JAGSON & KINGFISHER out performed in AVIATION sector by 10 & 7% respectively