5th September 2012
– Today, global stock indices & Bullion are highly volatile. But in evening session (IST), BULLION & US, EUROPEAN stocks, S&P 500, EUR/USD positive from evening session. BUY ON DIPS IN US STOCK MARKET AND EUROPEAN STOCK MARKET.
– Indian Stock market is expected to be highly volatile for the day. Buy on dips for tomorrow. Financial and banking sectors are expected to be positive for the coming days.
– ALERT: TODAY LATE NIGHT, YOU MUST EXIT FROM BULLIONS AND TOMORROW TRADE INTRA-DAY IN BULLION & WAIT FOR DIPS ON FRIDAY TO MAKE BUYING POSITION FOR NEXT WEEK.
Trading Range of Global Indices, Currencies, Commodities
v GOLD: 1685-1704
v SILVER: 31.80-32.50
v CRUDE OIL: 94.50-96.50
v DOLLAR INDEX: 81.80-80.80
v EUR/USD: 1.2515-1.2620
v COPPER: 345-348
v (SPOT) NIFTY: 5230-5270
v (SPOT) USD/INR: 56.00-55.40 (TODAY SELL USD/INR ON HIGHER LEVELS)
v S&P 500: 1400-1414 and above
Report Generated At:
07.15 HRS – IST – Indore, India (5th September 2012)
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Disclaimer: This is only an indicative report and not to be considered as live trading calls. This is meant for educational purpose only.
Technical View on Indian Stock Market