Jul 08 2014

Indian Stock Market for 8th July 2014

INDIAN STOCK MARKET

Today, Indian market shall be highly volatile.

TRADING RANGE(TODAY):

:NIFTY FUT: 7,780-7,850

:BANK NIFTY:15,400-15,700

BUY ON DIPS:

-TVS MOTORS

- RCF

-JAI CORP

- HERO HONDA

-JAIN IRRIGATION

-BHARAT FORGE

- CENTURY TEXTILE

- CESC

- GEOMETRIC

 

 

Permanent link to this article: http://rajeevprakash.com/2014/07/08/indian-stock-market-8th-july-2014/

Jul 07 2014

Gold to reach 2,000$/Oz by year end

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.

PRECIOUS METALS

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.

TRADING RANGE:

-        GOLD : 1,325-1,305

-        SILVER:21.20-20.80

INDUSTRIAL METALS

Copper shall follow the trend of bullion. However, the declining trend shall be limited.

Trading Range:

-        COPPER:3.28-3.23

ENERGY PRODUCTS

CRUDE OIL

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.

NATURAL GAS

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.

Trading Range:

-        CRUDE: 103.50-104.50

-        NG: 4.30-4.44

CURRENCIES

EURO

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

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).

TRADING RANGE:

- EUR/USD: 1.3620-1,3560

-USD/INR(SPOT):59.60-60.10

-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.

TRADING RANGE:

-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.

TRADING RANGE(TODAY):

-NIFTY FUT: 7,720-7,850+

-BANK NIFTY:15,500-15,800

POSITIONAL BUY:

-BHARAT FORGE

-CENTURY TEXTILE

BUY ON DIPS:

-        CESC

-        YES BANK

-        TATA MOTORS

-        BEML

-        TATA STEEL

-        HERO HONDA

-        GAIL

Permanent link to this article: http://rajeevprakash.com/2014/07/07/gold-reach-2000oz-year/

Jul 03 2014

View for 3rd July 2014

Stock Markets Around the globe
Global markets shall be supportive in first half. Profit booking may be observed in second half.
Tomorrow as well, weakness may be seen.
After US non-farm roll pay data announcement, correction may be seen in American market.
You are advised to book profit in DOW, NASDAQ, S&P500 before the data’s announcement.

ENERGY PRODUCTS
CRUDE OIL
Crude Oil shall continue in weakness.

PRECIOUS METALS
Owing to data, price of Gold and Silver shall have volatility.
After announcement of non-farm pay roll data, declining trend is seen. This correction may continue till next day.
This correction shall continue for next week as well.
Gold can drop to 1,290-1,280 in this time while Silver could drop to 20.30-19.80.
Book profit in your long position before data announcement.
BUY PUT OPTION 1,300 GOLD & 20.50 SILVER (PUT OPTION).

Permanent link to this article: http://rajeevprakash.com/2014/07/03/view-3rd-july-2014/

Jun 25 2014

A part of last day’s newsletter; Know when to long bullion

Here is, previous day’s newsletter.

PRECIOUS METALS

Precious metals shall be in correction mode from 16.30 HRS IST. This correction is expected to continue till Thursday.

By 16.30 HRS IST, Gold can go up to 1,325 while Silver can go up to 21.15. At higher levels , you are advised to make short position in bullion.

We are more negative about Silver in this time frame.

Silver could drop to 20.00-19.80 while Gold could drop to 1,280-1,270.

ALERT: Positional traders are advised to long 50% bullion on dips (on _________’s closing) or the lower level, which has been mentioned.

And for the rest 50% position, you need to wait for our notification.

From____________2014, bullion shall enter a phase of “big” bullish rally.

From ___________2014, the intensity of bullishness shall increase.  This rally shall continue for one and half year.

However, for next 3 months, you are advised to hold long position in bullion. In Silver, you can earn up to 6-10$/Oz while in Gold, you can earn up to $300-400/Oz (in 3 months).

TO KNOW THE RIGHT LEVEL TO MAKE LONG POSITION IN BULLION, YOU SHOULD SUBSCRIBE TO OUR DAILY REPORTS / LIVE TRADING CALL. FOR DETAILS, PLEASE CALL :+91-9301717647 or +91-9669919000 or e-mail: astrodunia@gmail.com

Stock Markets Around the globe

Weakness is expected to continue in global markets for the day ad next day as well.

From next day’s US opening, with volatility, a recovery is indicated.

Last day, European market and Hang Seng experienced correction. This correction shall continue with some volatility for today as well.

It is advisable to SELL STOCK INDICES @ HIGHER LEVEL.

TRADING RANGE:

- DOW FUT: 16,850-16,750

-S&P500 FUT(SEP): 1,955-1,940

-NASDAQ FUT(SEP):   3,795-3,750

-FTSE FUT: 6,780-6,700

-CAC FUT : 4,530-4,490

- DAX FUT: 9,950-9,840

-HANG SENG:23,000-22,500

-AEX:418-413

Permanent link to this article: http://rajeevprakash.com/2014/06/25/part-days-newsletter-long-bullion/

Jun 20 2014

Targets achieved for bullion; When to long bullion next

PRECIOUS METALS

Since 11th June 2014, we have been asking investors to long bullion. 1,318 was the high GOLD made last trading session while Silver’s high was 20.80.Our targets have been successfully achieved.

Bullion is overall bullish till 24th. However, volatility shall increase from the day. It is advisable to buy bullion on dips.

You are advised to book profit in long position first and then make fresh long position on dips (but when???).

From 10.30 HRS IST to 16.30-17.00 HRS IST, bullion may experience some profit booking. Before US opening, recovery shall be seen in price of Gold and Silver, which would last till late US hours.  On Monday as well, opening is expected to be positive.

Between 25th & 30th June 2014, correction may be observed. It is advised to make long position on dips there as the bull cycle for bullion has already started.

Next 2 -3 months are bullish for bullion. Overall, this bullish cycle will last for one year.

TO KNOW THE RIGHT LEVEL & TIME TO ENTER IN FRESH LONG POSITION FOR BULLION………………………………………………. WAIT FOR OUR SIGNAL (Paid subscribers will be informed)

And not to forget, GOLD will cross 1,480 while SILVER will cross 26.00.

TO SUBSCRIBE TO DAILY REPORTS / TRADING CALLS for stocks, commodities, currencies and bonds, send an e-mail to astrodunia@gmail.com or call +91-9301717647 or +91-9669919000.

Permanent link to this article: http://rajeevprakash.com/2014/06/20/targets-achieved-bullion-long-bullion/

Jun 18 2014

18th June 2014: Coming up bullish cycle for bullion

Daily Newsletter (18th June 2014)

Stock Markets Around the globe

Next morning, Jupiter shall enter in exalted sign Cancer.

Next one year shall be a bull-cycle for bullion.

Saturn is already running in exalted sign Libra.

Rahu shall enter in exalted sign Virgo on 15th July 2014.

These 3 big planets are in exalted sign. This combination shall be highly bullish for bullion.

After a long time period, this kind of planetary combination will be observed. May be, the same combination was seen a century back.

Jupiter’s transition to Cancer is very supportive for banking and financial sector.

Between tomorrow and next week (up-to 25th / 28th), a sharp correction is expected in the stock market.

On 29th, Mars shall enter in Chitra nakshatra.

Then onwards, a bull cycle will start in stock market, which would continue with volatility till November 2014.

You are advised to make long position in financial and banking stocks on 29th June 2014.

Today, S&P500 (SEPT FUT) may go up to 1,935-1,945.

You are advised to make short position in S&P500 there.

In next week, S&P500 could drop to 1,905-1,890.

Next day, stock market shall be bearish. Today, some supportive trend may be observed.

On Friday, range bound trend is expected.

From Monday, sharp correction is expected, which would continue till 25th/28th June 2014.

PRECIOUS METALS

Today, owing to FOMC announcement, volatility shall prevail in the price of Gold and Silver. Around FOMC, bullion could drop and then recover. Maintain “buy on dips” for bullion.

Bullion shall be overall positive till 23rd /24th June 2014.

Gold had a U turn last day from 1,254 and went up to 1,270 while Silver had a U turn from 19.48 and went up to 19.72.

1,250 & 19.40 won’t be breached by Gold and Silver respectively.

Gold is expected to go up to 1,290-1,300 while Silver is expected to go up to 20.30-20.70. This shall happen in the mentioned time frame (till 23/24th June 2014). You are advised to long bullion on dips and book profit by 23rd at higher level.

Between 25th and 30th June 2014, a sharp correction is expected.

There as well, you have to make long position in bullion.

INDUSTRIAL METALS

Copper shall be in overall positive trend.

Hold long position for target 3.10.

Trading Range:

-        COPPER:3.0450-3.08

ENERGY PRODUCTS

CRUDE OIL

Crude Oil is expected to cross $107.50/bbl any time.

It could even go up to $110/bbl.

Hold long position in Crude Oil with stop loss $105/bbl.

NATURAL GAS

NG shall be in weakness. Make short position in NG at higher levels.

Trading Range:

-        CRUDE: 105.90-107.20

-        NG: 4.75-4.65
CURRENCIES

EURO

Maintain long position in EUR/USD.

Any time, EUR/USD could shoot up to 1.3650+.

INDIAN RUPEE (USD/INR)

Sell USD/INR @ 60.40 with stop loss 60.70 for target 60.00.

DOLLAR INDEX

Sell dollar index on rise.

TRADING RANGE:

- EUR/USD: 1.3530-1.3620

-USD/INR(SPOT):60.40-60.00

-DOLLAR INDEX: 80.75-80.50

US 10 YR-TREASURY BOND

BUY US 10 YEAR TREASURY BOND @2.67-2.70.

Any time from next day, bond can move in positive direction.

However for today, bond shall be weak.

TRADING RANGE:

-US 10 YR T BOND: 2.68-2.59

 

INDIAN STOCK MARKET

Indian market shall be volatile till 13.30 HRS IST. And then onwards, a positive trend shall be seen, which would last till 15.00 HRS IST.

At closing hour, you can make short position in NIFTY with stop loss 7,770 for target 7,450-7,300.

You are advised to book profit in long positions in NIFTY & BANK NIFTY today.

You are also advised to BUY RELIANCE INDUSTRIES (positional) with stop loss 1050 for short-term target   1160+.

The transition of Jupiter in Cancer is supportive for RELIANCE INDUSTRIES.

Important Notice: In next week, a sharp correction is expected in Indian market as well.

TRADING RANGE:

-NIFTY FUT: 7,620-7,690

-BANK NIFTY:15,300-15,500

INTRA-DAY BUY:

#MAX INDIA

#RCF

#NFL

#DCB BANK

#YES BANK

#LIC

#FEDERAL BANK

#INDUSLND BANK

#RELIANCE INDUSTRIES (POSITIONAL)

Updated @ (6/18/2014 7:59 AM IST)

Permanent link to this article: http://rajeevprakash.com/2014/06/18/18th-june-2014-coming-bullish-cycle-bullion/

Jun 17 2014

Indian Stock Market View turns out to be correct

INDIAN STOCK MARKET

Today, Indian market may experience weakness in the first half of trading session.

In the second half of trading session, recovery is expected.

For next day, positive trend is forecasted.

Nifty Fut if drops below 7,510 then could drop below 7,480.

Nifty Fut if sustains above 7,580 then shall go up to 7,620.

Maintain long position in Bank Nifty with stop loss of 14,900.

TRADING RANGE:

n  NIFTY FUT: 7,510-7,570

n  BANK NIFTY:14,950-15,200

BUY:

-        HAVELLS

-        IDEA

-        RCF

-        RCOMM

-        DB REALTY

-        IGL

Updated on 17th June 2014 (07.50 HRS IST) |

Permanent link to this article: http://rajeevprakash.com/2014/06/17/indian-stock-market-view-turns-correct/

Jun 10 2014

10th June 2014: Investment Advice for Bullion and Stocks

Stock Markets Around the globe

It’s the last day of positive trend for global stock indexes.

Market is ready for down-side correction any time around today’s closing hours (of respective markets).

This correction may continue with ups and downs till 17th June 2014.

You are advised to make short position at higher level.

Make 50% short position in S&P500 around 1,950 and another 50% around 1,960. Hold this position for target 1,924-1,905.

Market shall trade in positive trend after 18th June 2014.

TRADING RANGE:

-  DOW FUT: 16,950-16,880 {SELL ON HIGHER LEVEL}

-   S&P500 FUT(JUN): 1,955-1,941

- NASDAQ FUT:   3,780-3,820

- FTSE FUT: 6,890-6,820

- CAC FUT : 4,615-4,540

- DAX FUT: 10,040-9,950

- HANG SENG:23,180-22,850 {Make short position in HSI with stop loss 23,320 and hold for target 22,700 & below}

-AEX:416.50-413.00 {Make short position around 415-416 for target 408.}

PRECIOUS METALS

Today, weakness is indicated for bullion.

Recovery is indicated from US opening. With up and down, U turn is indicated from next trading session.

Good rise to be seen around Friday. This shall continue till 20th June 2014.

BUY BULLION @ LOWER LEVEL

TRADING RANGE:

- GOLD : 1,259-1,242

- SILVER:19.15-18.80 & BELOW

INDUSTRIAL METALS

Copper is ready for U turn.

Buy Copper with stop loss 3.00 for target 3.14.

Sharp U turn is possible from tomorrow.

Trading Range:

-        COPPER:3.02-3.08

ENERGY PRODUCTS

CRUDE OIL

Crude Oil shall continue in bullish trend.

It shall remain positive with volatility till 22nd June 2014.

Hold long position in Crude Oil with stop loss $103/bbl.

NATURAL GAS

NG shall trade in weakness and continue in the same trend with some volatility.

Trading Range:

-        CRUDE: 103.80-105.40

-        NG: 4.75-4.55

CURRENCIES

EURO

EUR/USD shall continue in pressure for the day.

From next trading session, EUR/USD shall enter in bullish trend and shall remain positive till next week.

It is advisable to make long position in EUR/USD at lower levels for target 1.3680+.

INDIAN RUPEE (USD/INR)

USD/INR shall remain positive for today and tomorrow.

DOLLAR INDEX

It is advised to short dollar index at higher level.

We expect Dollar Index to fall from next trading session.

TRADING RANGE:

- EUR/USD: 1.3570-1.3640

-USD/INR(SPOT):58.80-59.30

-DOLLAR INDEX: 80.80-80.55 {SELL @ HIGHER LEVEL}

US 10 YR-TREASURY BOND

Treasury bond shall start to trade in positive trend from tomorrow.

It can go up to 2.51-2.45.

Short bonds around 2.60-2.65.

TRADING RANGE:

-US 10 YR T BOND: 2.62-2.57

 

INDIAN STOCK MARKET

Today, Indian market shall be volatile to positive.

From 14.00 HRS IST, market shall trade in declining trend.

It shall continue to be negative till 18th June 2014.

In NIFTY & BANK NIFTY, you are advised to make short position at higher level.

TECHNICAL LEVELS

NIFTY FUT if sustains above 7,690 can go up to 7,712-7,730-7,750. NIFTY FUT if drops below 7,640 can down to 7,600-7,550.  Nifty Fut will turn bearish if it drops below 7,510.

BANK NIFTY if sustains above 15,590 can go up to 15,685-15,770+. BANK NIFTY below 15,510 can drop to 15,450-15,335-15,160.

Bank NIFTY will turn bearish if drops below 15,110.

TRADING RANGE:

-NIFTY FUT: 7,680-7,580

-BANK NIFTY:15,800-15,500

BUY(INTRA-DAY):

-MARUTI

-PTC INDIA

-TATA STEEL

-LT FOOD

-SAIL

# We had asked you to long LT FINANCE @ 77, which is now trading at 81.00!!!

It is advisable to book profit between 81 and 85.00.

Permanent link to this article: http://rajeevprakash.com/2014/06/10/10th-june-2014-investment-advice-bullion-stocks/

Jun 05 2014

Currency and Gold for 5th June 2014

PRECIOUS METALS

Today, bullion is expected to move in positive direction especially after ECB announcement.

TRADING RANGE:

-        GOLD : 1,240-1,260

-        SILVER:18.60-19.10

CURRENCIES

EURO

EUR/USD shall go upside after ECB announcement.

Buy EUR/USD at lower level or before ECB announcement.

INDIAN RUPEE (USD/INR)

Hold USD/INR(SPOT) with stop loss 58.80 for target 60.00.

DOLLAR INDEX

Sell dollar index on rise.

However from next day, dollar index shall turn positive.

TRADING RANGE:

- EUR/USD: 1.3580-1.3680+

-USD/INR(SPOT): 59.00-59.50

-DOLLAR INDEX: 80.70-80.45

Permanent link to this article: http://rajeevprakash.com/2014/06/05/currency-gold-5th-june-2014/

Jun 04 2014

Indian Stock Market for 4th June 2014

INDIAN STOCK MARKET

With stop loss of 7,520, make short position in NIFTY FUT. Any time, a sharp fall may be seen for target (NIFTY: 7,200).

Make short position in Bank Nifty with stop loss 15,560 for target 14,800 & below.

Intra-day:

First half is expected to be bearish for the market.

In the second half, recovery is indicated.

TRADING RANGE:

n  NIFTY FUT: 7,470-7,350

n  BANK NIFTY:15,400-15,100 & BELOW

Technically NIFTY FUT is positive only above 7,445 for target 7,465-7,480. Below 7,400 NIFTY FUT can drop to 7,355-7,312-7,280.

Technically BANK NIFTY is strong above 15,250 for target 15,330-15,425. Below 15,150 BANK NIFTY is weak for target 14,975-14,800.

->BUY ON DIPS:

-        NFL

-        CHAMBAL FERTILIZER

-        CROMPTON GREAVES

-        BHEL

-        CENTURY TEXTILE

-        ABB

-        ANSAL PROPERTIES

-        ALSTOM INDIA

 

 

Permanent link to this article: http://rajeevprakash.com/2014/06/04/indian-stock-market-4th-june-2014/

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