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Friday, August 22, 2008

India Commodity Forecast for August - September 2008

We have recently seen two eclipses - one was solar eclipse on 11th of August and other one was lunar eclipse on 17th of August. Varahamihira, the great astrologer of Vikramaditya’s court and author of Brihat Samhita, suggests following for commodity traders –

For the solar eclipse occurred in Cancer solar, Varahamihira says -
Accumulate honey, fragranced commodities, cosmetics, oil, ghee, jaggery, sugar and sell in the next month based on the market conditions. Delay after 2nd month may result in loss.

For lunar eclipse occurred in Leo solar year, Varahamihira states -
Accumulate gold, jewelry, gems, leather made articles, weapons, protection articles, pearl and sell in the 5th month i.e. in December.

A corollary can also be drawn from the above that you can also trade the shares of the companies dealing in above commodities and apply the same rules.

This is something I am quoting from the book as it is and should be used as a guideline only.
The trading should be done on your risk only based on your understanding of market conditions.

Related Posts:
1. Indian Share Market Forecast For Year 2008 - 2009
2. Indian Sports in Year 2008 - 2009

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