GLOBAL STOCK INDICES & PRECIOUS METALS:
Last Night, Mars entered in Scorpio navamansha. Precious metals, base metals, stock market and
crude oil have become positive with volatility for next 2 days.
Some weakness is indicated in Asian market in first half. However, from 13.45 HRS (IST), positive
trend shall be seen and market is expected to close positive.
UK shall open positive but closing may be negative. US market shall open negative but close
positive.
Today, it’s the FOMC minutes, which as per our research, shall be supportive for stocks and metals. Astrological opinion is that, some good news shall come up from FOMC for markets. Tomorrow, stock market shall be positive.
TRADING RANGE: ONLY FOR MEMBERS
PRECIOUS METALS
Precious metals are expected to be highly volatile owing to FOMC meet. Considering Intra-day, some weakness could be observed till 12.00 HRS (IST). And again recovery is indicated, which shall last till 17.00 HRS (IST). From 17.00 HRS (IST)- Late US hours, sharp decline is possible in bullion (especially between 18.00 – 21.30 (IST)) However, after FOMC, bullion and base metals shall turn positive.
Bullion shall be positive (with volatility) till 14th August 2013.
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