21 November 2012

Dear Visitors,

Please note that our target 61,900 (Silver), 31,850(Gold), 4,940(Crude Oil), 915(Nickel) had almost been achieved.

Global Stock Indices:

Asian indices will have positive opening. Again profit booking possible at closing hours.  UK opening is flat to negative. Again rise to come from lower level. And then again profit booking in UK market at closing hours.

US opening is expected to be positive.  But closing may be bearish.

Precious & Industrial Metals:

Today, bullion is highly volatile and positive till afternoon (IST).  Again pressure is expected from UK opening which will last for an hour or two.

Then after, it’ll rise. Again in late night, Precious Metals can become highly volatile.

But we are positive in Bullion till 26th-27th November 2012.

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

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

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

Crude Oil is highly volatile. Profit booking can come at higher level.

Currencies:

Euro is volatile to positive for the day.

Indian Commodity Market/ MCX:

Today, bullion is highly volatile and positive till afternoon (IST).  Again pressure is expected from UK opening which will last for an hour or two.

Then after, it’ll rise. Again in late night, Precious Metals can become highly volatile.

But we are positive in Bullion till 26th-27th November 2012.

Indian Stock Market:

Today, Indian stock market is highly volatile. It can have positive opening. Some pressure can come in afternoon session (from 12.00 PM IST) which shall last till 2.00 PM (IST). Again recovery from 02.00 PM (IST) is expected. Closing may be flat or slightly bearish.

Tomorrow, opening can be negative.

BUY: IDFC, M&M, AXIS BANK, Colgate, Fintech.

 

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rajeev prakash financial astrology

Mr. Rajeev Prakash