VIEW AFTER WEDNESDAY & TRADING RANGE:: ONLY FOR MEMBERS!!!
Global Stock Indices
For today and next day, Stock market shall trade in zigzag pattern.
On Wednesday (12th), from second half US time, global markets shall enter bullish pattern.
On 13th, more of bullish trend is expected.
Bullion shall trade in zigzag pattern /mixed trend for Monday to Wednesday.
Between Wednesday and Thursday, bullion shall experience a bounce back, which may continue for Friday.
The rise of Mars shall be exceptionally positive for metals. Its effect shall be observed on 12th and 13th.
Copper shall follow the trend in bullion.
Between 2.31 and 2.40 shall be the range of Copper for this week.
Crude Oil shall remain positive for the day.
On Tuesday and Wednesday, weakness may be observed.
In second half of Wednesday, Oil shall enter bullish pattern which shall continue till Friday.
43.20 (on closing basis) shall be the stop loss for long position in crude oil.
NG shall trade in mixed trend.
For today and next day, it shall trade upward and on Thursday, weakness may be observed.
EUR/USD shall be positive for today. From US time, EUR/USD shall start to drop. This shall continue in zigzag till Wednesday.
Buy USD/INR on dips.
Dollar index shall trade weak for the day and Tuesday-Wednesday shall be positive.
US 10 YR TREASURY BONDS
Bonds shall remain positive for today and tomorrow.
Wednesday onward, ……………………..
INDIAN Stock MARKET
Indian market shall trade in zigzag pattern for Monday and Tuesday.
Wednesday onward, market shall be ….. till Friday.
Important Timing (for Today)
Market shall be range bound till 11.00 HRS IST today.
BUY ON DIPS (Following stocks seem supportive):
- BHARAT FORGE
- MOTHERSON SUMI
- TATA MOTORS
- APOLLO HOSPITALS
- JUBILIANT FOOD
- DB REALTY
Important Note: As you may be aware that Indore is witnessing a serious water logging issue and our office has been adversely affected. Hence, live calls in Indian Stock market shall resume from Wednesday.