1st November 2012: The Market Outlook: Gold and Silver to Make New Highs any time till February 2013!!!!

1st November 2012

Today, global stock indices shall be volatile to positive. Asia to recover in late trading hours and UK shall open with weak sentiment. But it shall recover and close positive.

Today, the US market is volatile to positive.

Tomorrow, global market shall be volatile to positive while the US market could be bullish.

Trading Range (1st November 2012) –Global Stock Indices

è DJIA (DEC-FUTURE): 12,980-13,120

è  NASDAQ (DEC-FUTURE): 2,630-2,645

è S&P 500 (DEC-FUTURE): 1,400-1,418 (TODAY BUY S&P 500 for next 2 days)

è FTSE 100(FUT): 5,740-5,795

è DAX(FUT): 7,160-7,320

è CAC(FUT): 3,410-3,440

è HANG SENG INDEX (FUT):21,520-21,705

è NIFTY (SPOT): 5,590-5,640

DJIA means Dow Jones Industrial Average

ASTRO-OUTLOOK ABOUT INDIAN STOCK MARKET (1st November 2012)

Today, the Indian stock market shall recover from afternoon and tomorrow it shall be volatile.

Today buy Merrico, Century Textile, KTK Bank, Kotak Bank, McDowell, Cipla, Dish TV, IDFC, Bajaj Auto.

OUTLOOK ABOUT PRECIOUS METAL (1st November 2012)

Today, bullion and other base metals shall be volatile to positive from 11.00 HRS (IST) which shall continue till tomorrow. But today, some profit booking can come after 21.45 HRS (IST). Tomorrow is bullish for precious metals.

TRADING RANGE OF PRECIOUS METALS (1st November 2012)

GOLD: 1714-1732

SILVER: 32.05-32.45

 ALERT: GOLD & SILVER TO CONTINUE POSITIVITY WITH VOLATILITY TILL 19^th November 2012. GOLD & SILVER ARE VERY BULLISH IN COMING TIME, TILL JUNE 2013.

IN SECOND WEEK OF FEB 2013, GOLD & SILVER WILL MAKE NEW HIGH. GOLD WILL CROSS 1950 & SILVER CROSS 44.

TRADING RANGE OF INDUSTRIAL METALS (1st November 2012)

COPPER: 3.51-3.58

Copper & other base metals shall be positive for 1^st-2^nd November 2012.

TRADING RANGE OF CURRENCY (1st November 2012)

è      EUR/USD: 1.2940-1.3020

è       USD/INR (SPOT):53.90-53.60

è      DOLLAR INDEX: 79.95-79.60

TRADING RANGE OF ENERGY PRODUCTS (1st November 2012)

• CRUDE OIL: 85.50-87.00
• NATURAL GAS: 3.68-3.72

(Updated at 07.24HRS (IST) – 1st November 2012- Indore, India)

Please note that this is an indicative report only and not live trading calls. Our specialty is ‘LIVE TRADING CALLS’. Kindly contact us if you want to add the advantage of ‘financial astrology’ to your portfolio.