Global Stock Indices:
As said last day, Asian market opened negative. We had also mentioned that US market would fall and the same happened.
Today, Asian market shall be weak. UK market shall open negative while closing shall be positive.
US market shall be slightly positive for the day.
Tomorrow, Asian opening can be positive.
Its recommended to buy (especially-HSI) in Asian market at today’s closing hour.
PRECIOUS METALS:
Today, precious metals shall trade highly volatile to bullish.
In late US hours, some profit booking is expected.
This positive trend shall continue till tomorrow.
From 29th August 2013, in US hours, trend shall change.
Precious metals shall go downward from 29th August 2013’s US hours.
This shall continue till next week.
Currencies:
EUR/USD shall trade volatile to positive.
Sell USD/INR on higher level (65.20-65.50) for target 63.00.
From tomorrow, INR shall turn strong and this “positivity” in INR shall continue till 10th – 12th September 2013 and lead it below 63.00.
View on Indian Stock Market
Today, Indian stock market shall be volatile to bearish.
We had already said that market would be bearish astrologically and the same happened.
Tomorrow, positive opening is indicated for Indian stock market.
This week shall be overall volatile (ups and downs shall be seen.)
From next week, Indian stock market shall enter in recovery mode (till 10th September 2013).
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