Weekly View (27-31st August) for Bullion, Currency, Oil, Stocks

27th August 2012

This week stock market, bullion, EUR/USD, Crude Oil is expected to be volatile to bullish.

Next week is also supposed to be bullish as per astrology.

Daily Trend:

MONDAY (27th August 2012): Stock market – volatile to positive but some correction is due in Bullion (Gold & Silver). But in late night, recovery is expected to start.

TUESDAY (28th August 2012): Stock market- volatile to bullish. Bullion is also volatile to positive. EUR/USD is also volatile to bullish.

WEDNESDAY (29th August 2012): Highly volatile and uncertain in the stock market. Also some correction is expected in bullion and EUR/USD.

It’s recommended to buy at late night on dips.

THURSDAY (30th August 2012): Stock Market – volatile to bullish while Bullion is also volatile to bullish. EUR/USD is also bullish.

Friday (31st August 2012): Stock Market- highly volatile. Bullion & EUR/USD are expected to be volatile to positive.

ALERT: PLEASE REMEMBER THAT NEXT WEEK IS ALSO BULLISH FOR BULLION, CRUDE OIL.

Targets Achieved

My crude oil target of $97.50 has been successfully achieved.

Weekly trading range of the market:

  • GOLD: 1645-1705
  • SILVER: 29.50-31.80-32.00
  • COPPER: 342-355
  • CRUDE OIL: 95.50-98.50
  • S&P 500: 1402-1440 and above
  • EUR/USD: 1.2445-1.2600 and above
  • (SPOT) USD/INR: 55.75-55.10 and below
  • (FUT) NIFTY: 5380-5480-5520 and above

 

NOTE: STRATEGY FOR THIS WEEK IS TO MAKE BUYING POSITION IN BULLION TONIGHT (LATE) & WEDNESDAY’s late night. Hold this position for weekend and next week as well.

COTTON, Crude Oil, Soya Bean, Mustard, Sugar, Corn are expected to be volatile to bullish.

 

This is an indicative report only and not trading call. For live trading calls, kindly contact us. (Call +91-9669919000 or E-mail: astrodunia@gmail.com)

 

(Report Compiled at 06.59 AM IST- Indore, India)

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