27th November 2012 – Market view

27th November 2012

Global Stock Indices:

Today, global stock indices shall be volatile to bullish.

However it is supposed to be mix trend for tomorrow.

Trading Range (27th November 2012):

  • DOW JONES (FUT):12,930-13,090
  • S&P 500 (FUT) :1,399-1,415-1,420
  • NASDAQ (FUT):2,640-2,670
  • FTSE (FUT): 5,790-5,855
  • CAC40(FUT):3,480-3,510
  • DAX (FUT): 7,260-7,340
  • HANG SENG IDX (FUT):21,940-22,120
  • NIFTY (SPOT):5,620-5,710

Precious & Industrial Metals:

Today, bullion shall be highly volatile. But overall it is in bullish mode at closing hours.

But alert: Tomorrow is a reversal day in bullion. If there’s no reversal tomorrow then bull run shall continue this week with volatility.

NEXT BIG BULL RUN IN BULLION STARTS FROM 22nd December 2012.

Trading Range (27th November 2012):

  • GOLD: 1,744-1,764+
  • SILVER: 33.90-34.40-34.70+
  • COPPER: 352.00-358.00+

Copper & other base metals are bullish for today.

Energy Products:

Today, volatile trend is expected in Oil & Natural Gas.

Trading Range (27th November 2012):

  • Crude Oil: 87.00-90.00
  • Natural Gas: 3.65-3.80

Currencies:

Trading Range (27th November 2012):

  • DOLLAR INDEX:81.00-80.40
  • EUR/USD: 1.2940-1.3040-1.3060
  • USD/INR (SPOT): 55.65-55.30

 

Indian Commodity Market/ MCX:

Today, bullion shall be highly volatile. But it’s overall in bullish mode.  Today INR will be strong against USD. So volatility is possible in MCX.

Trading Range (27th November 2012):

  • Gold:32,200-32,550
  • Silver: 63,000-64,500-65,200
  • Copper: 429.00-436.00-438.00
  • Crude Oil: 4,878-4,940

Indian Stock Market:

Today, Indian stock market shall be volatile to bullish. Gap up opening is indicated.

BUY: SBI, STERLITE, HINDALCO, TATA STEEL, IDEA, RCOMM, IDFC, KTK BANK, RAYMONDS, TATA MOTORS, L&T, SAIL.

Trading Range:-

  • Nifty Fut:5,620-5,675-5,705
  • Bank Nifty Fut: 11,420-11,550

(Updated at : 27/11/2012 7:42:44 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.

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash