1st – 5th July 2013
Weekly Newsletter
Global Stock Indices:
From this week and until 13th July 2013, Mars shall be in a combination with Sun – Jupiter and retrograde Mercury & Jupiter shall enter in “Rahu” nakshatra (adra) on weekend. Rahu shall also change the “navmansha”, which will make the stock market highly disturbed.
This shall continue with volatility till 12 /13 July 2013. It is advisable to be alert with long positions. Market can face a sharp fall any time. On 1st July 2013, market can be negative.
Please remember that there’s no shortcut to make money from the market as next week, its really dangerous. This shall continue throughout July 2013. And hence, you need to be really careful. However, major fall is expected latest 12/13 July 2013. And then we may see a recovery.
This week, global stock markets shall be highly volatile. Your strategy should be to “SELL ON RISE”.
| DATE | US MARKET | UK MARKET | ASIAN MARKET |
| 1-JULY-2013 | NEGATIVE | NEGATIVE | NEGATIVE |
| 2-JULY-2013 | POSITIVE | POSITIVE | POSITIVE |
| 3-JULY-2013 | NEGATIVE | POSITIVE | POSITIVE |
| 4-JULY-2013 | HOLIDAY | NEGATIVE | NEGATIVE |
| 5-JULY-2013 | NEGATIVE | POSITIVE | POSITIVE |
On Friday, the non-farm pay roll data shall be announced. As far as astrology is concerned, we expect the “NON-FARM PAYROLL DATA” to be negative for bullion, stock market.
Next week as well, stock markets shall continue in volatile to negative trend (till 11th July 2013).
WEEKLY RANGE:
– S&P 500 (FUT): 1,617 – 1,560
– HSI(FUT): 20,880-19,800
VIEW ON PRECIOUS METALS
As said last week, a strong bounce back was expected after 27th June 2013.
The same happened, on Friday, a sharp bounce back was observed. Gold took support at 1,180 and Silver took support at 18.20 and Friday’s closings were 19.67 for Silver & 1,235 for Gold.
This week, Gold can go up to 1,270 while Silver’s upper level shall be 20.35-20.70.
From 1st July 2013, Bullion shall be overall positive with volatility till 4th July 2013.
From 5th July 2013, Bullion shall again enter in a “sharp fall” mode, which shall last till 12th /13th July 2013.
| DATE | TREND |
| 1st July 2013 | Bullion shall open & close positive.
However, 10.00 – 12.30 HRS (IST) & 15.00-18.00 HRS (IST) &19.00-23.00 HRS (IST): Intra-day positive movement shall be seen. |
| 2nd July 2013 | Positive opening is expected. Closing shall be slightly positive. Bullion shall remain positive till 11.45 HRS (IST). 11.45 HRS (IST) – 14.30 HRS (IST): Minor decline may be seen. 14.30 HRS (IST) – 17.00 HRS (IST): Good rise is indicated. Minor decline to be observed around 17.00 – 23.30 HRS (IST). |
| 3rd July 2013 | Flat opening is expected. Closing shall be negative.
10.00-11.30 HRS (IST): Volatile to slightly positive. 12.30-22.00 HRS (IST): Negative trend is expected. {A considerable fall may be seen around 18.00 HRS (IST).} |
| 4th July 2013 | Bearish opening is expected.
15.00 HRS (IST) – UK Closing: Positive 17.30– 18.30 HRS (IST) : Bullish 22.00 – 23.30 HRS (IST): Bullish |
| 5th July 2013 | From opening till 14.00 HRS (IST): volatile to negative trend shall be observed.
14.00 – 18.30 HRS (IST): Bullish. On this day, it’s the NON-FARM PAY ROLL DATA. After the announcement of the said data, sharp fall shall come in bullion. The fall shall continue till 12th / 13th July 2013 ADVICE: On 2nd July 2013, you are recommended to short bullion on higher levels. |
technically, If Gold crosses 1,270 -> it can go up-to 1,320 while If Silver crosses 20.40 -> it can go up-to 21.30.
View on Base Metals:
This week, first two days shall be volatile to slightly positive for base metals. Last three days shall be negative. It is recommended to short “base metals” on higher level.
WEEKLY TRADING RANGE:
– COPPER: 309-298
View On Energy Products:
As per astrology, Crude Oil has entered negative trend since 29th June 2013. In the month of July, a heavy fall is seen in price of Crude Oil.
If Oil trades below 100$, there are chances that it may even break the $90 level and could drop to $84/bbl .
It is recommended to short NG on higher level.
WEEKLY TRADING RANGE:
– CRUDE OIL: 97.50-92.00 & BELOW
– NG: 3.65-3.40
Currencies:
Sell EUR/USD on rise.
On Monday & Tuesday, EUR/USD shall be weak.
On Wednesday & Thursday, EUR/USD shall be range bound while on Friday, EUR/USD shall again turn negative.
USD/INR shall recover from lower levels. It is recommended to buy USD/INR on dips with s/l 59.00. USD/INR may touch 61.50.
WEEKLY TRADING RANGE:
– EUR/USD: 1.3080-1.2880
– USD/INR: 59.40-60.50+
View on Indian Stock Market:
Weekly Range:
– NIFTY (FUT) :
Nifty closed at 5,845 on Friday. As per astrology, we expect that Nifty can drop till 5,700 or below.
This week, it is recommended to buy- LIC, IDFC, YES BANK, RELIANCE CAPITAL, ZEE MEDIA, TECH MAHINDRA, INFOSYS- on dips.
Day-wise expected trend:-
1-JULY-2013: Negative
2-JULY-2013 & 3-JULY-2013: Positive
4-JULY-2013 : Negative
5-JULY-2013: Positive
(Updated at : 30/06/2013 11:44:31 PM (IST))
Disclaimer: The above calculations are based on astrology and technical analysis. This is an indicative report only and not to be considered as live trading calls, which is a proprietary service by our team. This report is meant for educational purpose only. HAPPY TRADING!!!!
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