Bullion weak for some time while crude shall witness weakness followed by positivity

VIEW ON GLOBAL STOCK INDICES (S&P500, DOW JONES, NASDAQ, etc)  : ONLY FOR MEMBERS

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PRECIOUS METALS

Bullion shall be weak for today and tomorrow. On 4th and 5th November, positive trend is expected. On 6th November, ——————————————————————————————————————–.

CRUDE OIL

Crude Oil shall be weak for today and tomorrow. On the lower side, it can drop below 44.00. 4th onwards, it shall move up.

It shall remain positive till Friday. On the higher side, it may move up to –+.

Indian Stock Market

Indian market shall be weak for today and tomorrow.

On Wednesday, positivity may be observed.

On Thursday, negativity may be observed.

On Friday, negativity may be observed.

Nifty if breaks 8000 can drop to 7950-7900.

TRADING RANGE:
NIFTY NOV FUT:8080-7980

BANK NIFTY: 17500-17200

BUY ON DIPS:

  • JET AIRWAYS
  • TATA MOTORS
  • EXIDE BATTERY
  • EICHER MOTORS
  • MOTHERSON SUMI
  • HDFC
  • BHARAT FORGE

SELL:

  • TATA STEEL
  • ARVIND MILLS
  • HDIL
  • L&T

 

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Posted in Stock Market And Bullions and tagged , , , , , .

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