The Coming Trend in Bullion, Stocks from March End- April

27th March 2013

DAILY NEWSLETTER

WE wish YOU & YOUR FAMILY a very happy and colorful holi. MAY GOD BLESS YOU AND YOUR FAMILY!

 

Eye on Stocks & Bullion:

Today, Asian market shall have positive opening. UK market shall also be positive.

Profit booking can come on higher levels. Closing in UK can be negative.

Today and tomorrow, profit booking and sharp decline is seen for US market.

Tomorrow, Asian opening shall be negative.

SELL S&P500 at 1,557-1,560 with STOP LOSS 1574 FOR TARGET 1540-1530.

OUR POSITIONAL TARGET TILL 10TH APRIL 2013: 1470 & BELOW.

Astrology indicates that sharp decline is possible in next week.

It can continue with volatility till 10th April for major global stock markets.

The deal in Cyprus could again come up with some ‘twists’ which could be unfavorable for stock market. And tension may arise on the North Korea v/s USA issue.

In next week, some unfavorable disaster (man-made / natural) may be possible, which could impact the stock market. This will provide support to bullion.

From 2nd April 2013, bullion shall turn up with good rise.

From 14th April 2013, bullion shall go in one way upward direction till 4th May 2013.

Trading Range (27th March 2013):

  • DOW (JUN FUT):14,520-14,405
  • S&P500 (JUN FUT):1,562-1,548 and below
  • NASDAQ (JUN FUT):2,812-2,790
  • FTSE 100 IDX (MARCH FUT):6,370-6,328
  • CAC40 10 EURO (MARCH FUT):3,760-3,725
  • DAX INDEX (MARCH FUT):7,905-7,870
  • HANG SENG IDX(MARCH FUT):22,550-22,420
  • NIFTY (SPOT): CLOSED (DUE TO HOLI)

 

Precious & Industrial Metals:

Copper and Base metals can face a sharp decline today or tomorrow.

You can short them on higher levels.

Today, volatile and range bound trend is expected in bullion till US opening.

From US opening, bullion shall turn positive.

Tomorrow, bullion can open in bearish trend but it’ll again be positive after UK opening.

Trading Range (27th March 2013):

  • GOLD:1,590-1,612
  • SILVER:28.50-29.10
  • COPPER:346.50-344.00

Energy Products:

Crude Oil has made a new break out. However, profit booking shall be expected at higher levels. You can sell OIL on higher levels.

Natural Gas has also witnessed a new break out.

You can buy Natural Gas with stop loss 3.94 for target 4.05-4.15.

Trading Range (27th March 2013)

  • CRUDE OIL:97.50-95.00
  • NATURAL GAS: 3.95-4.10

Currencies:

Sell EUR/USD on higher levels.

Trading Range (27th March 2013):

  • EUR/USD: 1.2890-1.2840 AND BELOW (TILL NEXT WEEK, EUR/USD CAN  DOWN TO 1.2750 & BELOW)
  • USD/INR (SPOT):  CLOSED

Indian Stock Market:

CLOESD DUE TO HOLI FESTIVAL.

Trading Range:-

–          Nifty Fut:CLOSED

 

(Updated at : 27/03/2013 8:30:48 AM (IST))

Disclaimer: The above calculations are based on astrology and technical analysis. This is an indicative report only and not to be considered as live trading calls, which is a proprietary service by our team. This report is meant for educational purpose only.

HAPPY TRADING!!!!

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