Major Planetary Changes for July 2014
- Scorpio Moon to start from 20.00 HRS IST (8th July 2014) and to continue till 23.15 HRS IST (10th July 2014). Under Scorpio Moon, market shall be highly uncertain. Heavy volatility is indicated.
- Sun entered in “Punarvasu” nakshatra on 6th July 2014.
- Rahu shall enter in “Virgo” sign Ketu shall enter in “Pisces” on 12th July 2014. It’s after 18 months that Rahu & Ketu are changing zodiac. Rahu will be separated from Saturn and will enter into Virgo.
- Venus will change house and move to “Gemini” on 13th July 2014. On 13th, Mercury shall enter in “Adra” nakshatra.
- On 16th, Sun shall enter in “Cancer” zodiac.
- On 20th, Saturn shall change direction.
Stock Markets around the Globe
Stock market shall be slightly supportive for Monday. Tuesday onwards, declining trend is expected. On Tuesday, there shall be a dip observed. On 9th July 2014, recovery is expected in the market.
On 10th and 11th July 2014, zigzag pattern may be seen but trend is expected to be supportive.
In next week, till 17th July 2014, market shall remain supportive.
Between 18th and 21st July 2014, a big correction is expected in stock market.
From 22nd July 2014, market shall turn positive, which shall continue in positive trend till November 2014. In this time frame, banking and financial sectors shall be bullish.
From 12th August 2014, metal sector shall turn highly bullish, which should continue till November 2014.
S&P500 can touch 2,050 by November 2014.
In this week, make short position in S&P500 with stop loss 1,990 for target 1,962-1,950 by Thursday.
On Thursday, you are advised to enter in long position. Hold this position till 17th July 2014.
Again on 17th’s US closing, make short position in S&P500.
On 18th / 21st, cover short position and make long position for a big target till November 2014.
Gold & Silver have a major resistance at 1,338 & 21.39. 1,338 & 21.39 are not expected to be crossed (for Gold & Silver respectively) this week.
Gold could drop to 1,305-1,290 while Silver could drop to 20.80-20.50 in this week.
On Monday, it’s a zigzag pattern. Closing is expected to be negative.
A big dip may be seen on Tuesday.
Around Tuesday’s US closing, cover short position in bullion and on Wednesday, enter in long position for bullion. On Wednesday, bullion shall be positive till 10th July’s UK opening.
And then, volatile trend shall be observed till 11th July 2014.
On 8th’s evening or 9th’s morning, cover short position in bullion and on 9th, enter in long position. Half position to be profit booked at next Asian opening (10th’s Asian opening) and rest position to hold till 17th July 2014. In next week, we observe a bullish trend is seen.
On 17th’s eve, you should book profit in long position.
On 17th’s US closing or 18th’s morning, make short position in bullion.
Between 18th and 21st July 2014, a big downside move could be observed.
We feel that Gold could drop below 1,280 in this time frame while Silver could drop below 20.50-19.80 in this time frame.
This will be the last low of next 3 years.
From here, a bull rally shall be seen, which will continue for next 3 years.
By the end of year, Gold may cross 2,000$/Oz while Silver may cross 30$/Oz.
Rally will start from 21st July 2014 and shall continue in one side bull-run till 24th August 2014. After that, a small profit booking may be observed.
- GOLD : 1,325-1,305
Copper shall follow the trend of bullion. However, the declining trend shall be limited.
Crude Oil shall be in a tight range.
From tomorrow and until 16th July 2014, positive trend shall be observed. With stop loss of $103/bbl, make long position in crude oil.
NG shall be in tight range. From tomorrow and until 16th July 2014, positive trend shall be observed.
Buy NG@ lower level with stop loss 4.28.
- CRUDE: 103.50-104.50
- NG: 4.30-4.44
Pressure shall be observed in EUR/USD.
And then, EUR/USD shall shoot up.
However, maintain a “SELL ON RISE” strategy for EUR/USD. Any time, EUR/USD can breach 1.3500.
INDIAN RUPEE (USD/INR)
Buy USD/INR at lower level.
Dollar index shall not cross 79.75. Till 21st, any time, 81.50 can be achieved.
Till day after tomorrow’s morning, we expect dollar index to be positive. And then onwards, declining trend shall be observed.
On Thursday and Friday, gradually upward trend shall be seen (with volatility).
- EUR/USD: 1.3620-1,3560
-DOLLAR INDEX: 80.10-80.70
US 10 YR-TREASURY BOND
Bond shall be range bound for the day. Pressure may be seen. Day after tomorrow, upward trend is seen.
On Wednesday, it’ll make high.
On Thursday, decline shall be seen.
This week, the expected lower level for bond: 2.67 & higher level: 2.52.
-US 10 YR T BOND: 2.67-2.60
INDIAN STOCK MARKET
Today, Indian market shall be positive till 7th July 2014.
From 14.30 HRS IST, profit booking may be seen.
On 8th July 2014, positive opening is indicated.
And then, a correction may be seen.
On 9th, positive opening is indicated. A good bullish trend may be observed.
On 10th, positivity shall last till 11.00 HRS IST. And then profit booking may be seen, which shall continue till closing.
On 11th, market shall remain in pressure with volatility.
It’s the announcement of railway budget tomorrow and on 10th is the union budget.
Due to these two mega events, heavy volatility is expected. You are advised to trade with caution.
-NIFTY FUT: 7,720-7,850+
BUY ON DIPS:
- YES BANK
- TATA MOTORS
- TATA STEEL
- HERO HONDA