Indian Stock Market
Indian market shall have bullish opening.
In the second half, profit booking is expected.
A dip may be seen by next day, however market is bullish till Friday.
TRADING RANGE:
– NIFTY FUT: 8250-8150
– BANK NIFTY: 17900-17500
BUY ON DIPS:
– LIC
– PFC
– BHEL
– TATA MOTORS
– FORCE MOTORS
– MARUTI S/L 4370 TGT 4650
– BEL
– JAIN IRRIGATION
– YES BANK
– ICICI BANK
SELL:
– IOB
(EURO)EUR/USD:
Book profit in long position and short EUR/USD at higher level.
USD/INR
Sell USD/INR at higher levels.
DOLLAR INDEX
Dollar index shall be weak till US opening and then turn positive.
GLOBAL STOCK INDICES
By next day, US market is expected to witness a dip.
On Thursday & Friday, market shall be …
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PRECIOUS METALS
Bullion shall be positive till 17.00 HRS IST. From US opening, it shall start to decline.
Next day, a recovery is indicated in precious metals.
On Thursday, upward trend is expected. On Friday, a positive move of about _ percent could be observed.
TRADING RANGE & DETAILED VIEW:: ONLY FOR MEMBERS.
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