14th November 2014: Part of today’s letter

Stock Markets Around the globe
Today, market shall trade positive. Profit booking may be seen in the second half. The next week is slightly supportive.

PRECIOUS METALS
Bullion shall be in mix trend today. From UK opening and up to 20.45 HRS IST, some correction may be seen.
After 20.45 HRS IST, it shall take recover.
On Monday, trend is positive or precious metals.
From 17th November, Gold shall have a positional positive rally with some volatility as the nature of market.
Positional traders are advised to long 40% position (in Gold & Silver) at 20.45 HRS IST. Stop loss for positional traders: 1,130 & 14.80 (GOLD & SILVER respectively).
From 8th December, a big bull move shall be seen in bullion.
For further details, please wait for next weekly newsletter.

On 16th, Neptune shall turn direct. Sun shall be moving to Scorpio. Overall, bullion shall be supportive.
In the month of November, owing to planetary changes, chances are of war / man-made /natural disasters. Such an event is expected after 19th November.
On 27th, Mars shall enter Capricorn. This is a positive indicator for bullion. Here onwards, bullion shall enter a bullish phase.
Up-to the next week, bullion may shoot up by 2 -3 %.

 

INDUSTRIAL METALS
Copper shall have a U turn this evening.

ENERGY PRODUCTS
CRUDE OIL
Last night, Crude breached 75.00. This is a bit uncertain for now. Please wait for Monday to make long position in Oil.
From 20th November, a bullish trend shall be seen in Oil.
NATURAL GAS
NG shall be highly bullish between 20th November and 10th December 2014.
It can cross 5.50.
Buy 50% position at 4.15-4.20 and rest 50% buy at 3.90-4.00. Hold this position for target 5.50 by 10th December 2014.

 

CURRENCIES
EURO
EUR/USD shall witness pressure till 20.45 HRS IST. And then, recovery may be seen. For next week as well, EUR/USD shall remain positive.
Buy EUR/USD at lower level and hold position for next week.
INDIAN RUPEE (USD/INR)
Book 50% profit in USD/INR @ 61.70 and hold rest 50%.
DOLLAR INDEX
Dollar index shall have a U turn from 21.00 HRS IST tonight. It shall start to drop.

Weak trend shall be seen in dollar index next week as well.

US 10 YR-TREASURY BOND
Bonds shall be positive after 20.45 HRS IST. Next week, it shall remain positive.

INDIAN STOCK MARKET
Indian market shall be positive in first half.
After 13.00 HRS IST, profit booking may be seen.
BUY ON DIPS:
LIC HOUSING
TATA MOTORS
SIEMENS

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