GLOBAL STOCK INDICES:
Today, Asian opening is negative as expected. After 11.45 HRS (IST), if market moves up then it shall close positive.
Today, European market shall trade in volatile to positive mood.
US market shall be volatile to positive.
Tomorrow opening is expected to be positive for Asian market.
VIEW ON PRECIOUS METALS
Bullion shall trade both sides for the day.
It shall move upward till US opening while profit booking may be observed at late US hours.
Tomorrow, gold and silver are expected to be positive.
VIEW ON ENERGY PRODUCTS:
Sell Crude Oil on rise with stop loss 94.80.
Sell NG on rise.
CURRENCIES:
Sell EUR/USD on rise.
VIEW ON INDIAN STOCK MARKET:
Today, weak opening is expected in Indian stock market.
From 11.45 HRS (IST), recovery shall start.
If market moves positive from 11.45 HRS (IST) then closing shall be positive.
Tomorrow, opening is expected to be positive.
BUY :
• TATA GLOBAL S/L 148 TGT 155
• YES BANK S/L 484 TGT 505+
• RCOMM S/L 108 TGT 115
• BATA S/L 854 TGT 870-880
• DABUR
• UNITED SPIRITS
SELL:
• DLF S/L 196 TGT 185-180
Trading Range : ONLY FOR MEMBERS
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