Global Stock Indices:

All asian markets are volatile to positive for the day but some profit booking can come at closing hours.

UK indices can open at lower level but will turn positive from 18.00 HRS (IST).

US market is volatile to bullish for the day.

ALERT: Tomorrow, Asian indices’ opening will be positive.

Trading Range (20th November 2012):

• DOW JONES (FUT): 12,705-12,790-12,820
• S&P 500 (FUT) :1,375-1,395 (Last week, we recommended to buy @1345 for target 1,465-1,500 by December 2012. Positional traders must hold long position in S&P 500 for next 2 months for the said targets).
• NASDAQ (FUT):2,570-2,596-2,610
• FTSE (FUT): 5,680-5,780
• CAC40(FUT):3,415-3,445
• DAX (FUT): 7,105-7,155
• HANG SENG IDX (FUT):21,405-21,520
• NIFTY (SPOT):5,580-5,620

Precious & Industrial Metals:

Today, bullion, base & industrial metals are bullish with volatility. Good rise in Precious metals can be expected from evening session.

ALERT: Gold & Silver volatile to bullish till 26^th-27^th November 2012.

Our target should be 1,760-1,775 for Gold while 34.70-35.00 for Silver any time before 26^th/27^th November 2012.

After 27^th November 2012, again some profit booking can come in bullion for some days.

But we are very bullish from 25^th December 2012 till June 2013.

However, we expect the new HIGH by 2^nd week of February 2013.

Target for Gold: 1,980, Silver around 52.00 within the said time frame (by 2^nd week of February 2013).

Trading Range (20th November 2012):

• GOLD: 1,725-1748
• SILVER: 32.90-33.60
• COPPER: 349.00-355.00+

Copper had come in bullish tone last week. Copper can go to 365.00-375.00 in short term.

Base metals such as Aluminum, Lead, Zinc, Nickel are volatile to positive.

Energy Products:

Crude Oil is volatile to positive for the day.

Weekly range in Oil will be 87.00-91.00+.

Trading Range (20th November 2012):

• Crude Oil: 88.00-91.00

Currencies:

Euro is volatile to positive for the day.

Hold long positions with stop loss 1.2760.

USD/INR below 55.60 can go to 53.90

Trading Range (20^th November 2012):

• DOLLAR INDEX:81.50-80.20
• EURO: 1.2750-1.2880
• USD/INR: 55.20-54.60 (Short term target in USD/INR with stop loss 55.40 is 53.90)

Indian Commodity Market/ MCX:

Hold long position in Silver with Stop Loss 60,900 for target 61,800-62,200. Short term target should be 62,500-63,00 by 26/27 November 2012. Similarly, Gold can come up to 31,900-32,000 by 26/27 November 2012.

Hold long position in Copper with stop loss 424.00 for target 432.00.

Buy lead with stop loss 119.00 for target 121.00-122.00.

Buy Zinc with stop loss 104.00 for target 107.00.

Hold long position in Crude Oil with stop loss 4,880 for target 4,940-4,980.

Indian Stock Market:

(Updated at : 20/11/2012 7:57:21 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.