26th March 2013: The Weekly and Daily View

NIFTY ON 28TH MARCH 2013 :: :

NIFTY FUTURE CAN GO 5,700 OR 5,500????????????

HAPPY HOLI!

Here’s a part of the weekly letter sent yesterday:

Global Stock Indices

Today, Asian market shall have weak opening. Weakness shall continue. Some recovery is possible from second half. But again profit booking shall come on higher levels. Weakness shall continue in UK market. Weak opening is expected in US market.
However, some recovery from lower level is indicated in US market.

Today, Asian market shall have weak opening. Weakness shall continue. Some recovery is possible from second half. But again profit booking shall come on higher levels. Weakness shall continue in UK market. Weak opening is expected in US market.
However, some recovery from lower level is indicated in US market.

Again profit booking can come on higher level. Astro indicator says that with volatility, weakness shall prevail in US and other stock markets. Sharp decline can come any time till 10th April 2013. Hence, you can make short position on higher levels. Hold short position in S&P500 with 1,570 for target 1,480.

PRECIOUS & INDUSTRIAL METALS:
Bullion shall be volatile to positive for the day.

This shall continue till US opening.

Again profit booking can come after 20.00 HRS (IST).

Closing may be bearish. 26th March 2013.

Highly volatile trend is expected. It shall have mix trend and could be range bound. 27th March 2013- Good rise is possible from UK opening which can continue till closing. On 28th March 2013, some weakness is possible till UK opening. But after UK opening, good rise is possible. Closing shall be positive. Copper is volatile to positive for the day. Profit booking can come on higher levels.

ENERGY PRODUCTS:
Today, weakness is possible in Natural Gas. Sell around 398.00 with stop loss 404.00 for target 390.00-385.00. Crude Oil shall be volatile to positive. Profit booking can come on higher levels.

ENERGY PRODUCTS:
Today, weakness is possible in Natural Gas. Sell around 398.00 with stop loss 404.00 for target 390.00-385.00. Crude Oil shall be volatile to positive. Profit booking can come on higher levels.

Here’s TODAY (26-MAR-2013) NEWSLETTER:

Global Stock Indices

Today, Asian market shall have weak opening. Weakness shall continue. Some recovery is possible from second half. But again profit booking shall come on higher levels. Weakness shall continue in UK market. Weak opening is expected in US market.
However, some recovery from lower level is indicated in US market.

Again profit booking can come on higher level. Astro indicator says that with volatility, weakness shall prevail in US and other stock markets. Sharp decline can come any time till 10th April 2013. Hence, you can make short position on higher levels. Hold short position in S&P500 with 1,570 for target 1,480.

PRECIOUS & INDUSTRIAL METALS:
Today, Copper and base metals are volatile. They shall trade both sides. Today, weak opening is expected in Bullion. Recovery shall be observed from 11.00 HRS (IST) and then profit booking can come in US hours.

INDIAN STOCK MARKET:
Today, Indian stock market shall have gap down opening. After 11.00 HRS (IST), some recovery is possible. But again profit booking can come in closing hours. Weakness shall continue in stock market till 10th April 2013. Hence, you can make short position on higher levels. A dangerous trend is expected on Thursday.

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