Bounce back expected in S&P500; Gold may recover

GLOBAL STOCK INDEXES

Any time in this week, a very bullish trend could be seen in S&P500.  A correction is expected on Friday.

A big correction may be seen before 25th August 2014 (but when????).

PRECIOUS METALS

Gold & Silver made a low of 1,278, 20.20 last week.

As per our calculations, the low for Gold & Silver has been made.

In this week, GOLD & SILVER shall be bullish.

With up & down, the top would be made on 25th August 2014.

Detailed View, Target, Stop Loss & Range : ONLY FOR MEMBERS

INDIAN STOCK MARKET

Today, volatile to positive trend is expected. However in last 30 minutes, profit booking may be seen.

Any time in this week, market can witness a good bullish trend. NIFTY FUT can again go up to 7800 while BANK NIFTY may cross 15,600.

TRADING RANGE:

-NIFTY AUG FUT: 7,640-7,750

-BANK NIFTY:15,100-15,450

BUY:

RELIANCE CAPITAL

– CENTURY TEXTILE

TATA MOTORS

– SBI

YES BANK

-BANK OF INDIA

KOTAK BANK

– TATA STEEL

HDIL

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