Trading Range and overview on stocks, commodities, currencies : 13-FEB-2013

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Global Stock Indices:

Today, global stock indices are highly volatile to positive.

US market is also volatile & positive but profit booking shall be observed at higher levels.

Profit book in long positions of S&P tonight.

Trading Range (13th February 2013): ONLY FOR MEMBERS

Precious & Industrial Metals:

Today, precious metals are highly volatile and positive.

Good rise is possible in US hours.

Please note that between tomorrow and Friday, a sharp fall is expected in Bullion any time.

Astrologically, this fall should come on Friday but nevertheless, you should keep alert.

We recommend you to book profit in long positions in bullion late night (tonight).

Copper is volatile to positive for the day.

Trading Range (13th February 2013):

  • GOLD:1,6**-1,6**
  • SILVER: 30.**-**.**
  • COPPER:  3**.00-3**.00

Other base metals are also volatile to positive.

 Energy Products:

Crude Oil is highly volatile for the day.

NG is highly volatile for the day. Mix trend is expected in NG.

Trading Range (13th February 2013)

  • CRUDE OIL: 97.80-96.00 (IF CROSS 98.00 THEN WE SHALL BE POSITIVE FOR CRUDE OIL AND IT WOULD CROSS 100 as per astrology). Buy only if it goes above 98.00
  • NATURAL GAS: 3.22-3.32

Currencies:

Trading Range (12th  February 2013):

  • EUR/USD:1.3380-1.3480
  • USD/INR (SPOT):  54.10-53.70

Indian Stock Market:

Indian stock market is highly volatile and positive for the day.

Trading Range (13th February 2013):

-Nifty Fut: 5,920-5,970

– Bank Nifty Fut: 12,350-12,520

Our BTST: TATA MOTORS, LIC HOUSING, YES BANK, OBC, SYNTEX, NIFTY, BANK NIFTY, DENA BANK @102.00.

RECOMMENDATION STOCK STOP LOSS TARGET
BUY OBC
BUY IOB
BUY WOCKHARDT
BUY IDFC
SELL MARUTI
SELL HERO MOTOCORP
BUY DBR

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