Sharp Profit BOOKING in bullion and stocks

Global Stock Indices & Precious Metals:

Today, global stock indices shall be highly volatile to positive.

Profit booking shall be observed on higher level.

You must book profit in long positions on higher level.

PRECIOUS METALS: Highly volatile to positive trend is expected in precious metals. Sharp profit booking is possible any time after US opening.

On Monday & Tuesday, weakness is expected in bullion, base metals, EURO and stock market. And hence its advisable to book profit in long positions.

For details, wait for weekly newsletter.

View on Indian Stock Market:

Today, Indian stock market shall be highly volatile to positive.

Profit booking is expected on higher level.

Trading Range:

–          NIFTY (SPOT) : 5,990-5,865 & BELOW

–          BANK NIFTY: 11,840-11,575

 

BUY:

–          TECH MAHINDRA

–          UCO BANK

–          SUN PHARMA

–          ONGC

–          BATA

 

SELL:

–          BHARTI

–          TATA STEEL

–          FINTECH

–          SESA GOA

 

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