Big fall in Bullion in Coming days

GLOBAL STOCK INDICES

In this week, equities shall be volatile to positive on Monday & Tuesday. Markets is expected to experience a small correction on Thursday-Friday. In next week -23th to 26^th Feb 2015, a small correction could be again expected.

This correction could be minor but till March 2015, market is really bullish. In this time frame, S&p500 can shoot up to 2,1–.

BULLION

Bullion shall be supportive for the day. Be prepared to short bullion at higher level. For next 2 days, bullion is bearish. A sharp correction may be observed by 25th February 2015. 

INDIAN STOCK MARKET

INDIAN STOCK MARKET

Indian market shall be overall positive. Maintain “ buy on dips” strategy for trading.

Till 18^th, positive trend is expected. On 19^th-20^th, correction is expected.

In next week, till 25^th, bearish trend is expected.

After that, market is bullish.

NIFTY FUT shall not break 8,500.NIFTY FUT can cross 9,300 in March 2015.

BUY BANK NIFTY on dips.In coming days, Indian market shall be positive.

TRADING RANGE:

-NIFTY FUT: 8,740-8,920

-BANK NIFTY: 19,300-19,650

POSITIONAL BUY:

–          ICICI BANK

–          SUN PHARMA

–          TATA MOTORS

–          BANK OF BARODA

–          YES BANK

–          ARVIND MILLS

–          CENTURY TEXTILE

–          ASHOK LEYLAND

–          IDFC

–          LIC HOUSING

By March, a highly bullish trend is expected.