14th June 2013: Stocks, Commodities, Currencies

Global Stock Indices:

Today, Asian market shall be highly volatile. But closing shall be slightly positive.

UK shall also close positive. US market’s closing shall be positive as well.

 

VIEW ON PRECIOUS METALS

Precious metals shall be highly volatile for the day but positive.

Good rise is possible (especially ins US hours).

Next week shall also be volatile to positive.

View on Base Metals:

Today, Copper and other base metals are volatile to slightly positive.

 

View On Energy Products:

Sun shall change zodiac this weekend.  Due to this, next week, sharp fall shall be observed in Crude Oil.  Today, slightly positive trend is expected in NG.

Currencies:

EUR/USD shall be volatile to positive.

USD/INR shall be volatile but positive. Sell USD/INR on higher level.

View on Indian Stock Market:

Indian stock market shall be highly volatile but overall positive.

With stop loss of 5,650, buy 50% Nifty for next week for target 5,840+.

With stop loss of 11,600 buy 50% Bank Nifty for next week for target 11,950-12,200.

Next week, heavy volatility shall be seen.

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash