Stock market and bullion for 8th July 2015

GLOBAL Stock INDICES

Last day, Stock & commodities market experienced sharp fall. We had recommended buying S&P500 and target of 2070 was achieved last night. We hope you had booked profit.

This volatility in market shall continue till 15th July 2015.

US market may try to move up but again next day seems to be negative for the American market.

Asian markets can experience a fall next day.

European markets shall continue in uncertainty for the day.

Precious Metals

Bullion witnessed a haphazard correction which made lows of 1148 for Gold & 14.60 for Silver. This seems a depressing indication. However, today & next day shall be supportive for bullion. As per astrology, 10.00-16.00 HRS (IST) and 20.00 HRS (IST) to closing, bullion can have positive trend. This positivity shall continue for next day as well.

 

From 10.40 to 14.20 HRS IST & 21.00 HRS IST to closing shall be positive time periods for bullion.

If Gold sustains above 1175, you  can accumulate more of long position.

INDUSTRIAL METALS

Copper shall follow the trend in bullion.

Here is today’s letter: Know the direction of market

18th June 2015

We hope you enjoyed the calls in Crude Oil (which fetched you 2$/bbl in an hour) & S&P500( which fetched you 12 pts in an hour).

GLOBAL Stock INDICES

Major markets shall remain in pressure till UK opening. Post UK opening (13.30 HRS IST), trend shall gradually move up.

The day seems to be range bound. From next day, positive trend is expected. This positivity shall continue till 23 / 24 June 2015.

BUY some quantity of S&P500 @ 2086 and @ 2070-2075.

By next week, we are expecting S&P500 to touch 2120-2130.

Next day’s Asian opening is expected to be positive.

TRADING RANGE:

  • DOW FUT: 17,780-17,920
  • S&P500 FUT: 2,078-2,095
  • NASDAQ FUT: 4,430-4,466
  • FTSE FUT: 6,540-6,720
  • CAC FUT : 4,730-4,790
  • DAX FUT: 10,800-11,100
  • AEX: 465-475
  • HANG SENG:26,300-26,700

Precious Metals

Gold and Silver shall remain range bound for the day.

From next day, it shall start moving upward.

By 26 / 29th June, a bullish trend is expected. You are advised to buy bullion on dips and hold till 26th.

In this  time frame, Gold can go up to 1210-1220 while Silver can shoot up to 17.00.

 

You can long 50% position for bullion today and rest 50% at 1175, 15.80 (GOLD, SILVER respectively).

MCX traders can buy 50% position in Gold and Silver at current price (opening) and rest 50% at 25,700, 36,400 (GOLD,SILVER respectively). Hold this long position for next week target 27300-27400, 38500-39500.

TRADING RANGE:

  • GOLD : 1178-1191
  • SILVER:15.80-16.30

INDUSTRIAL METALS

Copper shall bounce back from today. It is advisable to buy copper at lower level.

In next week, Copper can go up to 2.75.

Copper and other base metals shall be positive till 26th June.

Trading Range:

  • COPPER:2.60-2.65

ENERGY PRODUCTS

CRUDE OIL

Crude oil shall be weak for the day. For next day as well, crude shall be negative.

NATURAL GAS

NG shall trade in upward direction.

Trading Range:

  • CRUDE:60.50-58.50
  • NG:2.83-2.92

CURRENCIES

EURO

Sell EUR/USD at higher level with stop loss 1.1410.

INDIAN RUPEE (USD/INR)

Buy USD/INR at 63.80.

DOLLAR INDEX

Dollar index shall be moving up today and next day.

TRADING RANGE:
– EUR/USD: 1.1375-1.1280

-USD/INR(SPOT): 63.80-64.10

-DOLLAR INDEX: 94-95

US TREASURY BOND

Bonds shall move up. It is advisable to long bonds on dips as in next week as well, we are expecting a positive trend.

TRADING RANGE: US 10 YR-T BOND: 2.32-2.24

INDIAN Stock MARKET

Indian Stock market shall be volatile to weak for the first half. From 01.30 PM IST, recovery is seen and market is expected to close in flat to positive notion.

Indian market shall be positive for next day.

TRADING RANGE:

  • NIFTY FUT: 8030-8110
  • BANK NIFTY: 17300-17600

BUY NIFTY & BANK NIFTY at lower levels.

BUY ON DIPS:

  • AXIS BANK
  • MARUTI
  • LIC
  • IDFC
  • TORRENT PHARMA
  • KOTAK BANK
  • ICICI BANK
  • PC JEWELLER
  • DELTACORP
  • ASIAN PAINTS

SELL:

  • BHARTI AIRTEL
  • TATA STEEL S/L 311 TGT 297

Reminder: We are offering a 20% discount on our services. OFFER VALID till Friday (19th June 2015) | Call: +91-9301717647 / e-mail: astrodunia[at]gmail.com

Trend to reverse in equities tonight

Global Stock Indices

Stock market shall continue to be positive for the day. After mid-session / in the last 1 hour of trading, global equities shall start declining. Monday onwards, a sharp correction shall be initialized.  This shall continue till 28th / 29th December 2014.

The positivity which has come; was actually unexpected. We are surprised of the super bullish trend that was observed last day. However, it is sure to drop once again.

Before US closes tonight, you are advised to close long position and buy PUT OPTION 2040 (S&p500), hold for next week.

In global equities as well, around closing hours, you can either buy put options or make short position in respective indices.

We feel that the kind of positivity which was observed last day, with that very intensity, it shall decline in next week (especially from Monday).

Around Asian opening hours of Monday, a financially bad news may arise, which would lead the markets to drop.

Precious Metals

Any time by Monday’s morning, bullion can have a positive move. Bullion shall be bullish till 12th FEBRUARY 2014 (with volatility). S/L for long position in GOLD: 1,180; SILVER: 15.40.

[DETAILED VIEW:: ONLY FOR MEMBERS]

INDIAN Stock MARKET

Indian market shall open positive.

From 10.30-12.30 HRS IST, correction is expected. And then onwards, it shall trade positive.

After 15.00 HRS IST, it shall again correct.

Monday onwards, a big correction is expected. NIFTY  FUT, BANK NIFTY can again drop to 8,000; 18,000 respectively or coming days.

8,200 shall be a hurdle for NIFTY FUT. We don’t see NIFTY FUT crossing this hurdle.

You are advised to make short position in Indian market at closing hour or buy PUT OPTIONS for BANK NIFTY TGT 18,000(JAN) & NIFTY FUT TGT 8,100 (JAN).

ALERT: Traders should remember that up-to 31st December 2014, market shall be highly volatile. Both side gigantic move shall be seen. And hence, you are advised to trade with caution as bull and bear planets are moving together.

Fasten Your Seat Belt for Bullion

Precious Metals shall enter in bull-run from today.
Gigantic falls started from 25th August 2014. This continued till 14th November 2014. In this time period, GOLD dropped from 1,340 to 1,131. Similarly, Silver dropped from 21.00 to 14.50 in the same time period. And then, it recovered gradually.
The second big recovery came on 1st December 2014.
Gold made a high of 1,220 while Silver made a high of 16.70. Between 2nd and 5th December 2014, bullion experienced correction.
From today onwards, bullion is entering a bullish phase, which shall last till 12th February 2015.
Till 31st January 2015, the intensity of bullishness is expected to be high.
In this time frame, GOLD can cross 1,300 while SILVER can cross 18.50.
The exact levels would be projected in next week’s newsletter. It must be noted that some minor corrections may come up as the nature of financial markets.
However, the overall trend is positive.
In the month of December, GOLD can cross 1,240 while SILVER can cross 18.00.
BUY CALL OPTION GOLD FOR TGT 1,250 (FEBRUARY 2015). This can be a profitable trade.
In this week, Monday – Thursday shall be volatile to positive for Precious Metals. On Friday, a correction is expected.
In this week, GOLD can again come up to 1,220 while SILVER can bounce back to 16.80.

TRADING RANGE:: ONLY FOR MEMBERS

Expected Trend for Bullion and STOCKS

Stock Markets Around the globe

Scorpio Moon shall be there till 17.00 HRS IST, which shall make the trend uncertain.

In evening, profit booking may be observed. Overall, your strategy should be to “buy on dips”.

It is expected for global equities to be strong till 14th or 20th with volatility. If a dip is seen, consider adding long position.

BUY S&P500 FUT @1980-1985;

BUY DOW FUT @16900-17,000;

Precious Metals

Bullion experienced a sharp correction last day.

Gold made a low of 1,262 while Silver made a low of 19.10.

For today, some support is expected for bullion.

1,260 could be re-tested for Gold while 19.10-19.00.

It is advisable to long GOLD with stop loss below 1,260 and SILVER with stop loss 18.50.

Today, Jupiter shall be changing position at 22.30 HRS IST. It shall enter “ashlesha” nakshtra. Then onwards, bullion shall start taking support.

It shall be supportive till 5th September 2014.

From next week, bullion shall turn bullish.

Till 13th October 2014, it shall remain positive.

1,340 can be crossed by Gold while 22.00 can be crossed by Silver.

Either buy GOLD @1,260-1,262 or wait for evening to long.

 

ENERGY PRODUCTS

CRUDE OIL

As expected, Crude Oil had a sharp correction.

Venus shall move to Taurus navmansha.

From there, crude oil shall turn bullish.

92.00 is not expected to be breached.

NATURAL GAS

NG shall follow the trend of Crude Oil.

Bullishness shall be observed from evening.

It shall continue to be positive till Friday.

 

CURRENCIES

EURO

Next day, Mercury is changing position.

From there, EUR/USD shall move up.

We don’t expect EUR/USD to break 1.3100.

With stop loss of 1.3100, lony EUR/USD.

From next day, it shall gradually move up and continue to be positive in next week.

INDIAN RUPEE (USD/INR)

USD/INR shall be supportive.

DOLLAR INDEX

Dollar Index shall move up from next day.

It shall continue to be positive for next week.

 

INDIAN Stock MARKET

Indian market shall open positive.

It shall remain volatile to positive till 12.00 HRS IST. And then between 12.00 – 13.30 HRS IST, it shall be weak.

And then, it shall remain supportive.

Indian Stock market may experience a profit booking any time by next day.

However, Stock market is bullish till 14 / 20th September 2014.

–        NIFTY FUT IS STRONG ABOVE 8080, IF SUSTAINS CAN GO 8150+. NIFTY FUT IS WEAK BELOW 8080. IF SUSTAINS CAN DROP TO 8020-8000.

–        BANK NIFTY IS STRONG ABOVE 16100. IF SUSTAINS CAN GO UP TO 16,250+. BANK NIFTY IF WEAK BELOW 16,000 CAN DROP TO 15,800.

BUY:

–        CIPLA

–        CENTURY TEXTILES

–        MARUTI

–        BAJAJ AUTO

–        HPCL

–        BPCL

–        IOC

–        RANBAXY

–        RELIANCE INFRA

–        RELIANCE CAPITAL

Gold to recover in this week

Precious Metals

After 14.30 HRS IST, bullion shall take support. And from there, it shall move up gradually.

Next day is bullish for bullion. On Wednesday & Thursday as well, trend is in favor of bullion (mix to positive).

On Friday, a correction may be observed (especially around US hours).

Gold has support at 1,272. If 1,272 is breached, it may drop to 1,265.  Silver has support at 19.30. If 19.30 is breached, it may drop to 19.00.

As far as our analysis is concerned, Gold could go up to 1,305-1,320 while Silver could go up to 19.95-20.20.

INDUSTRIAL METALS

Industrial metals shall be positive till Thursday.

On Friday, a correction may be seen.

INDIAN Stock MARKET

After 10.30 HRS IST, market shall trade positive.

Indian market shall be positive for today and next day.

On Wednesday-Thursday, a correction may be observed.

On Friday, market shall remain closed owing to Ganesh Chaturthi.

In this week, NIFTY could go up to 8,040 while it could drop down to 7,820.

TRADING RANGE:

#NIFTY FUT: 7,880-7,980

#BANK NIFTY:15,600-15,900

This week is supportive for following stocks:

– OPTO CIRCUIT

– ONGC

– INFOSYS

– HEXAWARE

– HCL TECH

– M&M

– MARUTI

– HERO MOTORS

– DIVIS LAB

– RANBAXY

–  AUROBINDO PHARMA

–  SBI

–  TCS

Gold could come up, Positive in Indian stock market

Precious Metals:
The positivity that we were expecting in Precious Metals for last day wasn’t observed. For today as well, we are positive for Precious Metals. It should be observed that if bullishness is seen or not.
If positivity is seen then it shall continue with positive trend for next week (till 15th October 2013).
If Gold doesn’t break 1,280 then shall again move up to 1,320-1,330.
If Silver doesn’t break 21.50 then shall again move up to 22.20-22.50.
Today’s Trading Range:
GOLD:1,284-1,320

SILVER:21.50-22.40

View on Indian Stock Market

In the Indian Stock market, we have long position(s) in Nifty @ 5,980, Bank Nifty @ 10,250, Tata Motors @355.00, Sesa Goa @185.00, DLF @ 149.00, YES BANK @ 340.00, INFOSYS @3000.00.
But when should be the right time to book profit?
—————–

View on Gold, Silver and Indian stock market

Precious Metals:
Due to Fed’s news, Precious Metals turned bullish.
Today, gap up opening is indicated in bullion.
Some profit booking is expected between 11.55- 17.00 HRS (IST) or COMEX opening.
From 17.00 HRS (IST), highly bullish trend is expected in Precious Metals, which shall continue till tomorrow’s closing.

View on Indian Stock Market

Today, Indian Stock market shall open gap up.

From 11.00 HRS (IST) – 14.00 HRS (IST), profit booking is expected. Again recovery is expected between 14.00 HRS (IST) to closing.

Today’s Trading Range:

NIFTY:5,990-6,090

BANK NIFTY: 10,300-10,750

BUY

YES BANK

SUN PHARMA

ICICI BANK

RELIANCE CAPITAL

RELIANCE INFRA

L&T

CENTURY TEXTILE

HINDALCO

STERLITE

CAIRN INDIA

SELL

IOC

HPCL

Gold and Silver crashed as mentioned

VIEW ON Precious Metals

Today, weakness shall continue in Precious Metals. You should book 50% of your short position here (Gold: around 1260-1250 &Silver: around 19.20-19.30).

Today, sharp fall is possible in bullion. However, a small recovery is indicated around 15.00 HRS (IST) – US opening. And then it shall again fall.

Weakness shall continue in bullion for tomorrow as well.

———————
If gold goes below 1220 it can drop to 1160.
If Silver goes below 19.20 it can drop to 18.10.
You can book 50% profit in Silver around 19.20 (which has been achieved) and 50% hold for 18.10. Similarly, in Gold, 50% position to be booked at 1220 and rest 50% at 1160.

TRADING RANGE:

–          GOLD: 1,280-1,220

–          SILVER: 19.70-18.80

Please note that we had already mentioned publicly in this’ weekly newsletter about the fact that bullion is ready for a crash.

If you wish to receive daily reports / trading calls, please send an e-mail to astrodunia@gmail.com or call :+91-966991900 , +91-9301717647.