31st October 2012

Today, global stock indices shall experience some pressure. UK opening can be negative. US opening will be flat to negative but after opening, recovery shall start. UK market will also recover at closing hours. From tomorrow, global stock indices shall be volatile to positive. Good rise to be seen after US election.

BUY S&P500 on dips for short term.

In coming days, S&P is bullish.

Trading Range (31st October 2012) –Global Stock Indices

è DJIA (DEC-FUTURE): 12,980-13,140

è  NASDAQ (DEC-FUTURE): 2,630-2,665

è S&P 500 (DEC-FUTURE): 1,400-1,415

è FTSE 100(FUT): 5,780-5,850

è DAX(FUT): 7,205-7,320

è CAC(FUT): 3,440-3,464

è HANG SENG INDEX (FUT):21,450-21,580

è NIFTY (SPOT): 5,620-5,5580

DJIA means Dow Jones Industrial Average

 

ASTRO-OUTLOOK ABOUT INDIAN STOCK MARKET (31st October 2012)

Today, Indian stock market shall continue weakness. Some recovery possible at closing hours.

In last day’s letter, we mentioned “Astrologically, I feel that RBI policy will not be beneficial for the Indian stock market. Tomorrow too, the opening can be negative but again it’ll recover in later part of day. 1^st & 2^nd November ’12 is positive.”

This prediction turned out to be true and RBI didn’t do anything that could favor the Indian stock market.

Today, you can buy stocks (KTK BANK, IDFC, TCS, Gitanjali Gems, Yes Bank, United Spirits) at lower level for tomorrow. You can close this buying on Friday for good profit.

OUTLOOK ABOUT PRECIOUS METAL (31st October 2012)

Today, Bullion shall experience sharp correction especially after UK opening (14.45-19.00 HRS IST) till US opening.

After US Opening, some recovery shall start from lower levels.

Tomorrow and Friday shall be positive for Bullion. Sharp rise is expected in bullion after US elections.

Till 15^th November/19^th November’12, good rise is expected for Bullion.

TRADING RANGE OF PRECIOUS METALS (31st October 2012)

GOLD: 1702-1715

SILVER: 31.58-32.15

ALERT: TODAY BUY 50% GOLD & SILVER FOR POSITIONAL TIME FRAME. AND NEXT 50% BUY TO BE MADE TOMORROW. YOU SHOULD HOLD THIS POSITION FOR NEXT 10-15 DAYS.

TRADING RANGE OF INDUSTRIAL METALS (31st October 2012)

COPPER: 3.48-3.55

Copper is positive from tomorrow.

Today, base metals (Copper, Lead, Zinc, Nickel, Aluminium ) to be bought at lower level. Positive trend starts from tomorrow. Good rise possible on 1^st November ’12.

TRADING RANGE OF CURRENCY (31st October 2012)

è      EUR/USD: 1.2900-1.2980 (BUY EURO against USD AT LOWER LEVEL FOR NEXT TARGET: 1.3170 AND ABOVE. MAJOR SUPPORT OF EURO @1.2880. OUR STOP LOSS SHOULD BE 1.2875).

è       USD/INR (SPOT):54.20-53.50 (SELL USD against INR at higher level. Rupee will become strong against USD).

è      DOLLAR INDEX: 80.20-79.60 (TODAY SELL DOLLAR INDEX AT HIGHER LEVELS)

TRADING RANGE OF ENERGY PRODUCTS (31st October 2012)

• CRUDE OIL: 85.00-86.50
• NATURAL GAS: 3.65-3.75

(Updated at 07.14HRS (IST) – 31st October 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.