What to Happen in Bullion in coming year

28th December 2012

MERRY X-MAS & HAPPY NEW YEAR TO ALL OF OUR VIEWERS!!

 

Global Stock Indices:

Today, all global stock indices shall be volatile to positive. And 31st December shall also be positive.

Last night, you must have bought S&P 500 @1402. Please hold your log in S&P 500 for 1425-1445.

Trading Range (28th December 2012)

  • DOW (FUT): 12,980-13,090
  • S&P 500(FUT): 1,402-1,419 AND above.
  • NASDAQ(FUT): 2,612-2,642
  • FTSE (FUT): 5,904-5,955
  • CAC40 (FUT): 3,665-3,690
  • DAX(FUT): 7,620-7,695
  • HANG SENG IDX(FUT): 22,620-22,780
  • NIFTY(SPOT): 5,880-5,920+

Precious & Industrial Metals:

Yesterday we said that in Indian evening/ US hours, bullion shall recover due to change of Mercury’s house. The prediction was right. We hope you bought position at low and made good profit.

Today, bullion will be again positive with volatility.

Today, Sun will enter in “Purvashara” nakshatra around 18.17 HRS (IST).

This will support positive trend in Copper, Bullion & other base metals.

On 31st December 2012 around 10.00 HRS (IST), Mars will enter in “Shravan” nakshatra. This will also support the positive trend in precious & industrial metals. (especially in Bullion & Copper).

This positive trend will continue till 3rd January 2013.

But again 6th January 2013, Mars will shift to “Taurus” navmansha. Rally shall start in precious metals & industrial metal for short term.

TRADING RANGE (28th December 2012):

  • GOLD:1,654-1,669-1,678
  • SILVER: 29.90-30.60-31.20
  • COPPER:  358.00-364.00 (WE ARE VERY BULLISH IN COPPER. IT’LL CROSS 375.00 IN JANUARY 2013. WE HAD SUGGESTED YOU TO MAKE LONG IN COPPER @348.00. PLEAES HOLD YOUR LONG POSITION IN COPPER).

Energy Products:

Crude Oil shall be bullish in January 2013.

Crude can also go to 95-98.00.

Stop loss for long positions below 90.00

Natural Gas is volatile to positive.

Trading Range:

  • CRUDE OIL: 89.90-92.00+
  • NATURAL GAS: 3.31-3.41

Currencies:

Trading Range (28th December 2012):

  • EUR/USD:1.3170-1.3280
  • USD/INR (SPOT):55.20-54.70-54.50

Indian Stock Market:

Today, Indian stock market is volatile to positive.

Trading Range(28th December 2012):-

  • Nifty Fut (DEC):5,900-5,950
  • Bank Nifty Fut (DEC): 12,400-12,600

BUY: SBI, ICICI, TATA STEEL, TATA MOTORS, LIC HOUSING, YES BANK, CAIRN INDIA.

(Updated at : 28/12/2012 8:02:03 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 & HAPPY NEW YEAR!!!

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