Precious & Industrial Metals:
Today, bullion is expected to be highly volatile.
Heavy volatility could be seen in “day” hours. Bearish trend can come in US hours.
Closing could be bearish.
Copper is highly volatile for the day.
Energy Products:
Crude Oil is highly volatile for the day.
Hold your long position in Oil with stop loss 91.40 for target 95.00.
NG is expected to be volatile for the day.
Indian Stock Market:
Today, Indian stock market shall be positive in the first half.
It’s a very “event-full” day owing to the central union budget for the nation.
Astrological indicator says that the stock market won’t be happy with this budget. And hence during or after declaration of budget, sharp fall may be observed in the market.
Trading Range:
– Nifty (FUT) : 5,850-5,750 AND BELOW
– Bank Nifty (FUT): 12,200-11,800 AND BELOW
BUY
- IDFC
- BAJAJ AUTO
- IOB
- RENUKA
- RCOMM
- TATA STEEL
SELL
- TATA MOTORS
- M&M
- PENTALOON
- DLF
- HDIL
- RELIANCE INFRA
- RELANCA CAPITAL
ALERT: PROFIT BOOK IN BUYING POSITION IN 1ST HALF AND IN 2ND HALF, MAKE SHORT POSITION AS MENTIONED.
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