Yesterday, Mars entered in debilitated zodiac (Cancer), which has affected global stock markets and metals. Today, it’s the Scorpio Moon, due to which, the fall shall continue with heavy volatility (especially in US hours).

First half of Asian market shall be volatile while second half should be bearish. Closing is expected to be in bearish mode for major markets.

Your strategy should be to “SELL ON RISE”.

Highly volatile trend is expected in precious metals in day-session.  But again sharp fall shall be seen in US hours. Closing shall be highly bearish.

View on Base Metals:

Copper shall be trading volatile to weak.

View On Energy Products:

Weakness shall continue with volatility in Crude Oil. However, mix trend is expected in Natural Gas.

Currencies:

Today’s Trading Range:

EUR/USD: 1.3280-1.3170 & BELOW (SELL ON RISE)

USD/INR (SPOT):59.40-60.40

View on Indian Stock Market:

Today, Indian stock market shall be highly volatile but bearish (especially after 12.30 HRS IST).

In the first half, slight recovery is expected while in the second half, again fall shall be observed.

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