4th MARCH 2013: The Future of Bullion

Indian Stock Market:

This week is highly volatile and bearish for Indian stock market.

Today, we expect heavy volatility in first half but weakness shall be observed in second half.. Closing may be bearish.

On 5th March’13, mix trend could be seen.

On 6th March’13, first half is volatile to positive but second half bearish.

On 7th March’13, gap down opening could be seen. Till 12.00 HRS (IST), it’ll be bearish and from 13.45 HRS (IST), a good positive trend could be observed which should last till closing.

On 8th March’13, 09.00-12.30 HRS (IST) – highly volatile. From 12.30 HRS (IST) – again a fall can come. Closing could be bearish.

Today, you can short NIFTY at higher level with stop loss 5,750 for target 5,650.

BUY

  • ADANI ENTERPRISES
  • IDEA
  • VIDEOCON INDUSTRIES
  • BPCL
  • DISH TV
  • TECH MAHINDRA
  • BHARTI

 

SELL

  • HINDALCO
  • YES BANK
  • TATA MOTORS

 

 

Precious & Industrial Metals:

Positive trend shall start in bullion from today.

This shall continue with volatility till 6th March 2013.

In the said time frame, a good rise could be seen.

 

Again sharp fall shall start from 7th March’13’s evening. This can continue with volatility till Friday’s night.

4-MARC H-2013: Highly volatile but positive trend starts from evening, 16.30 HRS (IST). This shall last till closing.

5-MARCH-2013: Opening can be slightly negative. Good rise shall be seen in US hours.

6-MARCH-2013: Positive opening. Volatility may continue. Good rise shall be seen in US hours.

7-MARCH-2013: Heavy volatility shall be observed till evening. Again sharp fall possible in US hours.

8-MARCH-2013: Highly volatile and positive in first half. Sharp fall possible in US hours.

Copper is expected to be highly volatile and positive this week.

Copper’s Weekly Range: 344.00-360.00

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