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In the last video interview, we had predicted Gold and Silver to witness bullish trend (Gold was predicted to cross 1250). Gold has made a high of 1255 while Silver has made a high of 17.00 in the international market. Similarly in the Indian market, we had predicted GOLD to cross 28400 and SILVER to cross 39000. MCX Gold has made high of 28500 while MCX Silver has made a high of 39300.
S&P500 has breached our first lower target of 2378. The short position was advised while it was trading at 2400.
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We uploaded the following videos through our YouTube channel on 14th May 2017.
View on S&P500
Summary (in English): Planetary conditions indicate a positive trend in the first half of the week followed by correction from Wednesday. S&P500 can drop to 2365-2350 in this week. A S/L of 2412 was given in short position.
View on Commodities
Global Equity Indices
In the current week, downside risk seems to be higher. On Monday, market might seem to be supportive. S&P500 FUT can move up to 2400-2404. From next trading session, markets will climb down with some volatility. Wednesday onwards, considerable negativity may start and continue till Friday. S&P500 FUT may breach 2350 by the weekend.
In the next week, Monday seems to be more negative.
Our prediction on French election turned out to be wrong and Macron has won the presidential votes.
Bullion shall be slightly positive for the day and next day. At the most, Gold and Silver can move up to 1240-1250 and 16.70-16.80. From Wednesday, precious metals shall again decline. The weekly closing shall be around 1225-1205 and 16.20-16.00.
At higher level, you may enter into short position for Gold(@ 1240-1245 with S/L 1250) as well as Silver (@16.60-16.70).
On 14th May 2017, Sun shall move to Taurus. Gold and Silver shall start with a positive rally which may continue till June 2017.
Positional traders shall wait for next week to enter into long position.
Copper and other base metals shall be negative in this week. You may build short position in industrial metals at higher levels. In the downside, Copper can drop to 2.40. On the higher side, it may move up to 2.65. Wait for the higher level to build short position. At lower level, day traders may long with S/L 2.47.
EUR/USD shall trade between 1.1020 and 1.0870 for the week. You may short EUR/USD with S/L 1.1030.
Dollar index shall be volatile to bearish for the week. On the higher side, it can move up to 99. On the lower side, it can drop to 98.
In this week, USD/JPY can breach 113.00. It can move up to 113.50. On the lower side, it can drop to 111.80.
US Treasury Bonds Yield
US Treasury Bonds shall decline for the day. From Wednesday to Friday, it may move in positive direction.
Indian Stock Market
Indian market shall be volatile to slightly positive for the day. In the closing hour, profit booking may be observed. Major bearishness shall happen from Wednesday. Next week is negative.
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Disclaimer: The view is derived using astrology and timing cycles; shall serve as an information rather than as an advice. The final decision whether to trade on them or not lies with you. Neither AstroDunia nor any of it’s associates shall be responsible for any profit / loss that arises from it.
Global Equity Indices
It is the Rahu-Moon conjunction, today. Market may behave uncertain to bearish. In next week, it’s Mercury-Uranus conjunction which means market will be crucial for negativity. A fall of 5-10% is possible there onwards. This fall may continue with volatility till end of May 2017. This may be more observed in European and Chinese markets. On 8th May 2017, the outcome of French election will be available which may surprise the market and a big move is anticipated. As far as our calculations are concerned, this big move shall be on the negative side. Odds seem to be more in favor of Le Pen. However, if we go wrong by 1% and the market ends up being positive on Monday then still a fall will start from 9th or 10th May 2017, which will be amplified from 19th May 2017. S&P500 FUT can move up to 2402 at the most but on the lower side, it has doors open to 2300 or below. It is advised to enter into short position or buy put options.
In the last trading session, S&P500 FUT made a low of 2376. If 2376 is breached then you may add short position. European markets may witness a considerable fall and hence, you may build short position there as well.
You may buy put option in DAX for strike price of 12000 and HANG SENG for strike price of 23000.
Gold tested the support level of 1225 while Silver tested the level of 16.25. From today or next week, it is ready for an upward trend. If 1225 is breached then it can drop to 1205-1195. If 16.25 is breached then it can drop to 16.00. However, chances of such a fall are extremely limited.
By the end of month, we are anticipating Gold to cross 1300 and Silver to cross 18.60.
Today, it is the reversal day for oil. After 9th, rally shall start.
US Treasury Bonds Yield have touched a high of 2.36 (US T-10 yr) & 3.02 (US T-30 yr). It is advised to build short position at current market price and hold position for next week. A move of 10 to 15 percent is indicated by the end of month.
EUR/USD made a new high of 1.0980. In the next week, it can cross 1.100 and reach 1.1100. You are advised to book full profit in EUR/USD at current market price and around 1.0920, re-enter into long position.
Around 64.40, you may exit from long position and enter into short position with S/L 64.60 for target 64.00.
Dollar index may correct to 98.
The top for USD/JPY of 112.90 has been made. It is advised to short USD/JPY at higher levels. By the end of month, it’ll drop to 110.00 or lower.
Planetary conditions this week:
Moon shall be in Gemini-Cancer-Leo for the week. On 3rd May, Mercury shall turn direct. In the current week, there are two main events – FOMC on 3rd and NON-FARM PAYROLL ANNOUNCEMENT on 5th of May 2017.
Global Equity Indices
Major trend reversal is indicated on Wednesday. On 1st, US opening shall be positive but closing may be slightly negative. On 2nd and 3rd, market shall be moving in positive direction. On 4th and 5th, trend shall be negative. On 8th, the outcome of next round of French election will be public which may surprise market on either side (though astrology indicates major downside at this time but we aren’t very sure). S&P500 FUT may bounce back to 2398 in the current week. On the lower side, it can breach 2376-2372. Technically, market is bullish. If 2376 is breached then further correction is indicated.
At overall weekly closing, European markets shall be negative.
Bullion shall be negative for the day. On Tuesday, upward trend is indicated. On Wednesday, first half may be volatile but post FOMC, bullishness is possible. FOMC may not hike the interest rate in this meet. Gold has a technical support at 1260-1257 and resistance at 1276-1278 (if crossed then may go up to 1295). Thursday and Friday shall again be positive for precious metals.
On 8th May, a surprise move is indicated. Gold may cross 1295 in the meantime.
Silver has major support at 16.80. By the end of month, we expect it to move up to 18.50.
Positional traders may accumulate gold and silver on dips with S/L 1245 (GOLD) and 16.70 (SILVER) for target 1300 and 18.60 respectively.
Moon shall be moving to Cancer in late US hours, which will make Crude oil bullish till Wednesday and it may move up-to 51-52.
For crude oil, 48.40 is a major support and 50.20 is a major resistance.
Global equities market:
Global Equity Indices
In this week, there is more of downside risk in stocks. S&P500 FUT can decline to 2330-2300 in the current week. This negativity shall continue for next week as well. From Monday to Tuesday, market may be slightly supportive. At most, S&P500 FUT can move up to 2365. It is advisable to “sell” on rise.
Bullion went through a sharp selling on Friday. Today and tomorrow, trend is mixed to bearish for gold and silver. Gold has support at 1250 while Silver has support at 17.80. If support is breached then Gold can decline to 1240-1230 & Silver can decline to 17.60-17.50. In a day or two, market can suddenly bounce back. Hence, trade with caution.
On 12th’s US opening or 13th’s Asian opening, bullion shall start to move in positive direction. By the end of April 2017, Gold may cross 1280 while Silver may cross 19.00. Positional trader may long 50% position after 12th April’s US opening and rest around 13th April 2017 (if available at lower level).
Alert: Hold long position in Gold with S/L of 1250.
Copper and other base metals shall be mixed to negative till tomorrow. From 12th, it shall start moving in positive direction. This may continue in next week as well.
Crude oil shall be positive for the day. It can move up or 53 or slightly higher. From next day to the weekend, negative trend is indicated. On the lower side, 50.00 can be reached.
NG shall be in negative trend for the week. Sell NG at higher prices. By weekend, it can drop down to 3.00.
EUR/USD shall decline for today and tomorrow. 1.0500 is a considerable support. From 12th, it shall move in positive direction.
USD/INR shall be rangebound for the week. From 13th, USD/INR may decline. In this week, it shall trade between 64.20 and 64.60. From 13th, it shall start to move in positive direction. After next week, it can cross 65.
Dollar index can move up to 101.50 in a day or two. From Wednesday, it shall start to decline. Weekly closing shall be around 100.00.
USD/JPY can move up to 112-112.50 by tomorrow. From Wednesday, it shall start to decline. By weekend, it can drop to 110.50.
US Treasury Bonds Yield
Treasury bonds yield shall trade positive till tomorrow. US 10 T YR can move up to 2.42-2.45 while US 30 YR T can move up to 3.03-3.05 by tomorrow. After 12th April, it shall start to decline. You may short treasury bonds yield at mentioned higher prices.
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INDIAN STOCK MARKET
Indian market has more of downside risk in the current week. Nifty can decline to 9150-9060 in the current week. This is a short week as market is closed on Friday.
From 10th to 11th, market has potentials to come up in positivity. From 12th, it shall start to decline. This negativity may continue for next week.
- NIFTY FUT: 9280-9180
- BANK NIFTY: 21600-21300
On 12th, Mercury is combusting. This may bring negativity in banking and financial stocks.
Stocks supportive for current week:
- APOLLO TYRES
- JAIN IRRIGATION
- DILIP BUILDCON
- TVS ELECTRIC S/L 174 TGT 190
- NOCIL S/L 92 TGT 105
- RCF S/L 81.50 TGT 86
- CONCOR S/L 1112 TGT 1148
- LUPIN S/L 1415 TGT 1390-1380
Global Equity Indices
The fall that started in market last week shall continue with ups and downs till 13th April 2017. In this timeframe, S&P500 FUT can drop to ???? or lower. In this week, market may behave negative on 27th. On 28th, as per astro-indicator, positive trend is possible. From the second half of 28th, profit booking is anticipated. Market may close in flat to slightly negative trend. On 29th and 30th, sharp decline is possible. On 31st, market shall be rangebound. In next week, a sharp decline is possible.
Last week, you were advised to short S&P500 FUT. It has made a low of 2325 by now. With S/L of ????, hold short position in S&P500 FUT. If 2338 is crossed then it can move up to 2350 by tomorrow. Weekly closing shall be below ????.
Day traders are advised to book 50% profit in S&P500 at ????.
Bullion shall be overall positive till tomorrow. On Wednesday-Thursday, it might witness a decline. Again on Friday, positivity is anticipated. Technically above ????, gold can go up-to ????-????. On the other hand, if ???? is breached then it can drop to ????.
We are overall positive in bullion till 4th or 6th April 2017. From 7th to 10th April, a declining trend is anticipated. From 13th, it shall again enter a positive trend which shall continue for next 2 months.
Crude oil shall witness a sharp correction. It can drop down to ?? in this week. A major sharp decline is anticipated on Wednesday. It is advisable to short crude oil at higher levels.
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Global Stock Indices
S&P500 FUT made a high of 2356 in the previous trading session. Today, US market shall open positive
and close negative. In next week, there’s a considerable downside risk. The top of market has been made and here onwards, it shall start to decline. Positional traders were advised to long VIX, yesterday. If you haven’t yet bought them, please do so for a huge return on investment. Or you can buy put option for target of ???? (June contract). Around 2350, you may build 50% short position and around ????, build rest position. You can buy put options in DAX for target ????? (June contract). You may also enter into short position in Heng Seng and hold for next week.
In the previous week, we had advised you to short in major banking stocks such as Bank of America which went down by a reasonable value in the meantime. US banking stocks shall continue in negativity for next week.
Indian stock market
Indian stock market shall be volatile for the day. In next week, a big correction is being anticipated.
Bullion shall be slightly negative till 18.00 HRS IST.
You may buy 50% position there itself and rest on
Monday. Next week seems to be bullish.
Crude oil shall be negative in next week.
Global Equity Indices
Today, market shall behave positive. Next day onwards, correction may again start. Positional traders shall buy put options in S&P500 FUT or buy VIX. Here onwards, market shall be ready for a sharp correction by the next weekend.
Gold and Silver may undergo correction (negative) by tomorrow or Monday. Positional trader may long 50% position tomorrow and rest on Monday.
Book 50% profit in Copper at 2.63 and hold rest with S/L 2.58.
Crude oil shall be positive for the day. It can move up-to 49.00-50.00. In next week, negativity is anticipated.
NG shall be positive for today and tomorrow. Long NG with S/L of 2.97.
EUR/USD shall drop for the day.
Buy USD/INR at lower level and hold for next week.
Dollar index shall be moving towards positivity.
You are advised to long USD/JPY.
This episode covers the past prediction on UP election that turned out to be correct. Bhartiya Janta Party emerged as the victorious in Uttar Pradesh and Uttarakhand. Uttar Pradesh is the heart of India’s politics and Modi’s victory in UP embarks a strong appeal of the Prime Minister of India. It is interesting to observe that in the Indian history that a Prime Minister performed a road-show for five hours and that possibly helped BJP in acquiring more voters in their favor.
On Tuesday, Indian stock market might open in positive direction.
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View on Global Stock Markets:
As expected, the rally in market has slowed down. Market shall be rangebound for the day. Tomorrow, closing will be range bound to negative. On 26th, it is the solar eclipse and Mars-Uranus conjunction. Jupiter-Uranus square will be formed on 3rd March 2017. The solar eclipse on 26th which will lead the market to a considerable correction. This correction shall continue till March 2017. The top being made recently in equities is the top of 2017. Market is getting ready for a big correction. These conjunctions are indicators of man-made or natural disasters in the time ahead. A big scam might just open up, which will adversely affect global equities. The best strategy is to accumulate put options in S&P500.
The upcoming trend in Bullion and Copper:
Bullion shall be positive for the day. Next day shall also be positive. Profit booking may be observed at higher levels. In next week, bullion may undergo a big breakout.
Copper shall be rangebound to positive.
The future of crude oil and natural gas:
Crude oil shall be positive for today and tomorrow. Weekly closing shall be above 54. In next week, a bullish trend is possible. If it sustains above 55 then can go up to 56-58.
NG has reversed from lower levels. It shall be moving in positive direction. In next week as well, upward trend is possible. April contract of NG can shoot up to 3.20-3.50. Positional trader shall use S/L of 2.60.
What is next in currencies?
EUR/USD shall remain positive. The bottom of EUR/USD has been made.
Buy USD/INR at lower price. In next week, a breakout shall be observed.
Sell USD-JPY at higher levels and hold position for next week – target: 112.
Dollar index shall be bearish in next week.
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