Bullion entered in bullish trend.
Mars entered in “Tusya” nakshatra last Saturday.
Gold can go up to 1,440 while Silver can go up to 26.00.
However with volatility, bullion shall be bullish till 28th August 2013.
Change of trend shall be observed from 29th August 2013 (16.30 HRS IST).
Sharp correction is indicated.
Investors need to be alert (as a major trend change is expected and market could fall).
On Monday, bullion shall be positive.
With stop loss of 1,377 you can buy GOLD for target 1,430 and above.
Buy Silver with s/l 22.80 for target 26.00 and above.
Monday and Tuesday shall be positive for precious metals.
View on Indian Stock Market
26th August 2013: Market shall be bullish till 14.00 HRS (IST).
Highly bullish trend is expected from 09.00 HRS (IST) – 12.30 HRS (IST).
And from 14.00 HRS (IST), decline shall be observed.
Today’s Trading Range:
BANK NIFTY: 9,550-9,250
Please note that 27th August 2013 shall be a surprising day (it could either be highly bullish or highly bearish for Indian stock market). As far as astrology is concerned, sharp decline is possible this Tuesday.
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