Global Stock Indices:

Today, global stock indices shall be volatile to positive. Some profit booking may be seen at higher level.

But market is also good on Thursday & Friday.

S&P can cross 1,465 -1,475 in coming days.

Trading Range (19th December 2012):

• DOW JONES (FUT):13,280-13,360
• S&P 500 (FUT) :1,430-1,449
• NASDAQ (FUT):2,680-2,720
• FTSE (FUT): 5,920-5,990
• CAC40(FUT):3,640-3,660
• DAX (FUT): 7,620-7,720
• HANG SENG IDX (FUT):22,500-22,690
• NIFTY (SPOT):5,900-5,980 (If sustains above 5,950 then  today again it’ll touch 6,000).

Precious & Industrial Metals:

Today, bullion is again volatile and uncertain but positive from tomorrow.

The fall we were expecting on 17^th finally came on 18^th.

In our letter, we had asked to use stop loss 1,688 & 31.80 for Gold & Silver respectively.

Today, you can make long position with stop loss 1,660 & 31.20 respectively for Gold & Silver respectively at late night (IST).

Astrology indicates that Gold and Silver can start to move up from tomorrow.  But next bull rally to start from 27^th December 2012. This shall continue till Feb 2013.

Copper is highly volatile for the day.

Today’s Trading Range (19th December 2012):

• GOLD: 1,660-1,680
• SILVER: 31.20-32.10
• COPPER:363.00-367.00

Energy Products:

Today, some weakness is possible in Crude Oil in evening session.

Today, Natural Gas is volatile to positive.

Trading Range (19th December 2012):

• Crude Oil: 89.00-87.00 (SELL OIL ON HIGHER LEVEL WITH S/L 89.50) ALERT: IF OIL CROSSES 90 THEN IT’LL TURN BULLISH. But astrological indicator is negative for evening session.
• Natural Gas: 3.33-3.49

Currencies:

Euro has come in bullish trend. With stop loss 1.3170, you can hold long position for target 1.3255-1.3270-1.3290-1.3320.

Trading Range (19th December 2012):

• EUR/USD:1.3170-1.3280
• USD/INR (SPOT):55.10-54.60-54.40

Indian Stock Market:

INTRADAY BUY: DELTA CORP, LIC, TATA STEEL, SAIL, RELIANCE CAPITAL, RELIANCE INFRA, HINDALCO, SBI, ICICI BANK, APOLLO TYRES,  L&T, YES BANK.

(Updated at : 19/12/2012 7:43:54 AM (IST))

Disclaimer: The above calculations are based on astrology and technical analysis. This is an indicative report only and not to be considered as live trading calls, which is a proprietary service by our team. This report is meant for educational purpose only.

HAPPY TRADING