24th September 2012
So, finally I am back from my successful trip to Tirupati Balji & Srikalahasti temple.
This week (24-28th September 2012)- global stock markets – highly volatile to bearish. Today, 24th September – recovery to start in stock markets (from 12.30 HRS IST which should continue till 20.45 HRS IST). Again a downward trend is expected from 20.45 to continue till 25-26th September. Again recovery to start from lower level from 27th September.
Bull run to start from 28th September 2012.
Next week is going to be very bullish.
Tonight, you must short S&P, EUR/USD (for next 2 days).
Weekly trading Range of global indices
DJIA (DEC-FUTURE) : 13,540-13,380
NASDAQ (DEC-FUTURE): 2,864-2,838
S&P 500 (DEC-FUTURE): 1,460-1,438
NIFTY (SPOT): 5,750-5,600
Trading Range for Today (24 Sept-’12) –Global Stock Indices
DJIA (DEC-FUTURE): 13,580-13,520
NASDAQ (DEC-FUTURE): 2,862-2,840
S&P 500 (DEC-FUTURE): 1,445-1,460
NIFTY (SPOT): 5,630-5,710
ALERT: TODAY YOU CAN SHORT STOCK INDICES AFTER 20.45 HRS (IST). BETWEEN 27TH SEPTEMBER-8TH OCTOBER, S&P500 CAN GO 1480-1490.
WEEKLY TRADING RANGE OF ENERGY PRODUCTS
CRUDE OIL (NOVEMBER CONTRACT): -93.50-90.50
MONDAY IS ALSO POSITIVE FOR CRUDE OIL
NATURAL GAS: 2.78-2.85
WEEKLY TRADING RANGE OF INDUSTRIAL METALS
COPPER: 380-371
TRADING RANGE OF INDUSTRIAL METALS (FOR 24TH SEPT ’12)
COPPER: 372-378
TODAY, BULLION & OTHER BASE METALS SHALL RECOVER FROM LOWER LEVELS AT 12.45 HRS (IST) – 20.45 HRS(IST). AGAIN A DECLINE IS SEEN FROM 20.45 HRS (IST) – 26TH SEPTEMBER.
RECOVERY AGAIN STARTS FROM 27TH SEPTEMBER. 28TH SEPTEMBER WILL BE POSITIVE. AND NEXT WEEK IS BULLISH.
WEEKLY TRADING RANGE OF PRECIOUS METALS
GOLD: 1780-1737
SILVER: 34.60-33.50
TRADING RANGE FOR PRECIOUS METAL (24TH SEPTEMBER 2012)
GOLD: 1752-1772
SILVER: 33.80-34.40
TODAY, SELL BULLION AND COPPER ON HIGHER LEVELS FOR NEXT 2 DAYS.
BETWEEN 27TH SEPTEMBER – 8TH OCTOBER, GOLD TO TRADE BETWEEN $1736-$1810+, SILVER TO TRADE BETWEEN 33.20 TO 35.50+.
WEEKLY TRADING RANGE OF CURRENCY
EUR/USD: 1.3080-1.2850
USD/INR (SPOT): 53.20-54.20
DOLLAR INDEX: 79.20-79.90
TRADING RANGE OF CURRENCY (FOR 24TH SEPTEMBER ’12)
EUR/USD: 1.2950-1.3050
USD/INR (SPOT) : 53.30-53.80
DOLLAR INDEX: 79.50-79.35
ALERT: TODAY SELL EUR/USD AT HIGHER LEVELS IN LATE NIGHT AND BUY USD/INR AND DOLLAR INDEX FOR NEXT 2 DAYS.
(Updated at 07.16 HRS IST – 24th September 2012)
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.
Leave a Reply