This is the letter we sent in morning :
GLOBAL STOCK INDICES:
Today, global stock indices are highly volatile. Some recovery shall be seen from lower level
but again some pressure should be seen at higher level before closing.
ALERT: Un-certainty can continue in the stock market for this week. The condition shall
improve from next week.
Trading Range (7th February 2013)
• DOW (FUT): 13,905-13,960
• S&P 500(FUT): 1,502-1,514
• NASDAQ(FUT):2,724-2,746
• FTSE (FUT):6,245-6,272
• CAC40 (FUT): 3,635-3,685
• DAX(FUT): 7,560-7,620
• HANG SENG IDX(FUT):23,090-23,390
• NIFTY(SPOT): 5,940-5,980
PRECIOUS & INDUSTRIAL METALS:
Today, precious metals(GOLD, SILVER, and PLATINUM) are expected to be volatile to
bullish. Some profit booking can come on higher levels at US hours.
Copper is positive for the day.
ALERT: Tomorrow, bullion can experience weakness in day hours (IST) but good bounce
back shall be seen at US hours. So you can make short position on higher level.
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