Bullion = Bullish For The Day

Global Stock Indices:

Today, Asian market shall open bearish. But recovery shall be seen from lower levels.

Again profit booking shall come on higher levels.

UK market shall have negative opening but closing could be positive.

Owing to FOMC announcement, US market shall have flat or negative opening. But it shall go upside around FOMC meet. After FOMC meet, again profit booking shall come in US market.

ALERT: Global stock indices are expected to continue in bearish trend till Friday as per astrology. You can make short position on higher levels. Any time, a sharp fall could be witnessed. Overall weakness shall continue with volatility till 15th April 2013.

Today, you can book profit in S&P500 around 1,530-1,535.

On higher level in evening hours, around 1555-1550 make short position in S&P500 for target 1,520-1,500 in coming days.

Trading Range (20th March 2013):

  • ONLY FOR MEMBERS

Precious & Industrial Metals:

Today, Gold and Silver shall be volatile to bullish. Good rise to be seen during US hours after FOMC announcement. Our advice is that you can book 50% profit on higher level after Mr. Ben’s speech (FOMC Announcement).

However, we are positive for tomorrow as well.

You can hold rest 50% position for tomorrow.

Today, Copper and other base metals are highly volatile but good recovery shall be possible from lower levels and hence you must make long positions at lower level.

Trading Range (20th March 2013):ONLY FOR MEMBERS

Energy Products:

Today, NG shall be volatile to positive.

Crude Oil shall also be volatile to positive.

Trading Range (20th March 2013): ONLY FOR MEMBERS

Currencies:

Today, EUR/USD shall recover from lower levels.

Again profit booking can come on higher levels.

You can build up short position at higher levels.

Around 54.60 book profit in your buying position of USD/INR

You can buy back USD against INR at lower levels.

Trading Range (20th March 2013): ONLY FOR MEMBERS

Indian Stock Market:

Today, Indian stock market shall open with bearish trend.

But recovery from lower levels is possible in second half.

Again profit booking can come in closing hours.

You can make short position on closing hours.

ALERT: Weakness shall continue in Indian stock market till next week with volatility.

A sharp fall can come any time. Keep alert. Nifty can go down to 5,500 in coming days and hence you can make short position on every rise.

Banking and metal stocks are highly bearish in coming days and hence you can short metal and banking stocks on higher levels.

Trading Range:-

–          Nifty Fut:5,680-5,760

SELL

  • TATA STEEL
  • DLF
  • SAIL
  • JSW STEEL
  • SBI
  • YES BANK
  • ICICI BANK
  • LIC HOUSING

——————–ON HIGHER LEVELS

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