Gati looks positive: Astromoneyguru

As per Col Ajay Jain, CEO of Astromoneyguru.com, 31st day of December 2012 is represented by planet known as Rahu and year 2012 is represented by Mercury. Today Rahu is with Saturn and Sun and mercury both are in close conjunction in Jupiter's sign Dhanu Rashi. This is unique combination for push banking, metal, steel and oil and gas sector's stocks in Indian stock market.

Today being last trading day for calendar year 2012. Therefore highest volatility is expected in Indian stock market. Under volatility only selected sector and stocks specific trading is strongly advised Short term traders may keep eyes on given levels for targets and stop loss for short term term trading. Levels are the soul for intraday trading .It is advised to go for selected sectors and stocks rather than looking at Nifty levels. Timely profit booking is mandatory in short term trading.

Following stocks should be kept under observations for short term trading in stock market
Daily recommendations
Buy Sterlite Industries (CMP Rs 116.90) with stop loss Rs 114, targets 118-120
Buy Gati (CMP Rs 35.50) with stop loss Rs 35, targets Rs 37-38.10

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