Global Stock Indices
From today, global indices shall be entering a bullish phase. For today and tomorrow, trend shall be highly positive. This shall continue for next week as well.
In March 2015, S&P500 can go up to 2,1-0-2,1-5. You should exit from short position at current price & make long position in S&P500. Or you can buy CALL OPTION 2,1-0 (MARCH 2015).
You can accumulate long position in various global Stock indices.
Bullion shall be bullish till 5th March 2015. Overall, this bullishness will continue till 20th March 2015. In this time frame, Gold can go up to 1,-60-1,-80 while Silver can go up to 1-.50-1-.90.
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Hold crude oil for next week; target: 54-55.
INDIAN Stock MARKET
Indian market shall be range bound to positive. For next day as well, bullish trend shall be observed.
For next week as well, trend shall be positive for Indian market. In this rally, Nifty March Fut can cross 9,300 while Bank Nifty can cross 20,000.
-NIFTY FUT: 8,720-8,850
-BANK NIFTY: 18,700-19,300
You can long NIFTY & BANK NIFTY for tomorrow.
BUY ON DIPS: