8th-12th October 2012
This week, market is bullish with heavy volatility till 11th October 2012.
Monday(8th October 2012) �market shall be positive from 12.30 PM (IST) � UK Opening. And good rise shall be observed from US opening.
It is recommended to buy on dips.
Tuesday (9th October 2012) � Asia will have bullish opening.
US will also have positive opening. Profit booking is possible in US market during late night.
Wednesday(10th October 2012)- Asia will have negative opening but recovery starts from UK opening.
From US opening, good rise to start and closing shall be positive.
Thursday (11th October 2012) -Positive opening is expected in Asia.
Good rise from US opening to be seen.
Profit booking is possible on higher levels.
Friday (12th October 2012) �
Asia will have negative opening while recovery starts after UK opening. US will have positive opening. Profit booking can come in closing hours.
Trading Range (8th-12th October 2012) �Global Stock Indices
DJIA (DEC-FUTURE): 13,470-13,640 and above
NASDAQ (DEC-FUTURE): 2,780-2,820
S&P 500 (DEC-FUTURE): 1,448-1,465-1,470
FTSE 100: 5,780-5,960
DAX: 7,305-7,470
CSE: 3,420-3,480
HANG SENG INDEX: 20,820-21,200
NIFTY (SPOT):5,720-5,860-5,880 and above.
Trading Range (8th October 2012) �Global Stock Indices
DJIA (DEC-FUTURE): 13,490-13,560 and above
NASDAQ (DEC-FUTURE): 2,788-2,820
S&P 500 (DEC-FUTURE): 1,448-1,462
FTSE 100: 5,800-5,860
DAX: 7,350-7,448
CSE: 3,435-3,475
HANG SENG INDEX: 20,840-21,160
NIFTY (SPOT):5,740-5,820
ASTRO-OUTLOOK ABOUT INDIAN STOCK MARKET (8th-12th October 2012)
8th October 2012 � Negative opening. Recovery from afternoon.
Closing shall be positive. �BUY ON DIPS�!
9th October 2012- Positive opening. Sell on closing hours.
10th October 2012- Negative opening. Recovery from afternoon is forecasted. Closing shall be positive.
11th October 2012 � Positive opening. Market is expected to close in positive trend.
12th October 2012- Positive opening. Profit booking possible on closing hours.
OUTLOOK ABOUT PRECIOUS METAL (8th-12th October 2012)
Today, Precious metals (Gold & Silver) are expected to be positive with volatility (especially in US hours).
9th October 2012 � Opening expected in negative bias.
Good positive trend to be seen from evening hours.
This shall continue on 10th & 11th October 2012 with volatility.
Profit booking is possible on 12th October 2012.
TRADING RANGE OF PRECIOUS METALS (8th-12th October 2012)
GOLD:1772-1804-1820
SILVER: 34.10-35.50-36.80
TRADING RANGE OF PRECIOUS METALS (8th October 2012)
GOLD: 1772-1788
SILVER: 34.10-35.20
TRADING RANGE OF INDUSTRIAL METALS (8th-12th October 2012)
COPPER: 3.72-3.84
Trend in Copper: Recovery is seen from 8th October 2012.
Copper should be positive till 9th October 2012 evening hours.
Again decline is seen from 9th October evening hours till night.
10th & 11th October 2012 are positive for the industrial metal.
12th October 2012 shall have profit booking on higher levels.
TRADING RANGE OF CURRENCY (8th-12th October 2012)
EUR/USD: 1.2950-1.3150
USD/INR (SPOT) :51.34-52.40 and above
DOLLAR INDEX: 79.70-79.20
TRADING RANGE OF CURRENCY (8th October 2012)
EUR/USD: 1.3000-1.3050-1.3080
USD/INR (SPOT) :51.50-51.90-52.10
DOLLAR INDEX: 79.70-79.40
TRADING RANGE OF ENERGY PRODUCTS (8th-12th October 2012)
� Trend in Crude Oil: Recovery is seen on 8th October 2012. This positivity shall continue till 9th October 2012 (1st half) and it�ll again turn negative from 9th October 2012 (2nd half), which will continue till 10th October 2012. 11th & 12th October 2012- volatile to positive for Crude Oil.
� CRUDE OIL:88.00-93.00 (�Weekly Trading Range�)
ALERT: DUE TO SOME UNAVOIDABLE CIRCUMSTANCES, OUR SERVICE SHALL RESUME AFTER 15.00 HRS (IST).
(Updated at 07.22 HRS (IST) – 8th 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.
Disclaimer: This is only an indicative report and not to be considered as live trading calls. This is meant for educational purpose only.
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