Astrological factors indicate that overall sentiment in the market in December 2014 be that of profit taking. The market has run quite a bit during last 6 months and whoever did not cash out in Oct/Nov will definitely try to do so in December. The following should be watched carefully in the Indian stock market in the month of December 2014
Pharma companies and Auto sector will do well through December. Especially after 16th of December, astrological factors indicate further surge.
Financial astrology factors indicate that the start of the month 2014 will begin with softness in the market and market will go down in the first week itself for some profit taking when it opens for trading on Monday Dec 02. Through the month, automobile sector would do well, although the sales of automobiles will be less in December owing to customers’ bias towards purchasing new models in the new year.
Astrologically, leather companies, iron & steel stocks and petroleum stocks will continue to do well. Oil prices will also break the downward trend and will start on the way up. At this time, gold prices have peaked and will start to go down. Food inflation is not going to be in control and will show a sharp increases in oil and food grains. There is a possibility of north-east monsoon causing more storms in Bay of Bengal and causing untimely rains.
Profit taking will rule and the market will slow down. It is the best time to employ a contrarian approach in stock market. Post Dec 16th, banking/finance sector will also go down. Serious investors should look for bargain prices in shares of good companies, especially in these area of banking/finance.
Update on 2nd December: Please take a look at this link –> http://www.thehindubusinessline.com/markets/markets-live-it-auto-stocks-pull-sensex-down-95-points/article6654235.ece. It clearly says – “2.15 pmProfit-taking by funds and retail investors led the Sensex and the Nifty trade lower by nearly 0.3 per cent. ”
Update on 19th December: Please take a look at this link –> http://www.business-standard.com/article/markets/nifty-hover-near-8-250-reliance-l-t-gain-2-114121900222_1.html. It validates a lot of statements made in this post.
Disclaimer: The stock market and commodities predictions made on this page and website are for informational purposes only. These may never be treated as recommendations to anyone to purchase any specific shares or futures/options. These predictions are based purely on Vedic Astrology principles and their accuracy is not guaranteed. These predictions may prove to be completely unrelated to what is happening in the stock and commodities market. These may be followed by the reader of this column/website solely at his/her own risk. This website, astrologers and the author(s) of this column refuse all liability and responsibility for losses made by the persons after going through this column. They may or may not have any positions in the shares and sectors indicated in this blog and it in no way influences the overall points mentioned here.