View on Gold, Silver and Indian stock market

PRECIOUS METALS:
Due to Fed’s news, precious metals turned bullish.
Today, gap up opening is indicated in bullion.
Some profit booking is expected between 11.55- 17.00 HRS (IST) or COMEX opening.
From 17.00 HRS (IST), highly bullish trend is expected in precious metals, which shall continue till tomorrow’s closing.

View on Indian Stock Market

Today, Indian stock market shall open gap up.

From 11.00 HRS (IST) – 14.00 HRS (IST), profit booking is expected. Again recovery is expected between 14.00 HRS (IST) to closing.

Today’s Trading Range:

NIFTY:5,990-6,090

BANK NIFTY: 10,300-10,750

BUY

YES BANK

SUN PHARMA

ICICI BANK

RELIANCE CAPITAL

RELIANCE INFRA

L&T

CENTURY TEXTILE

HINDALCO

STERLITE

CAIRN INDIA

SELL

IOC

HPCL