What’s next in BULLION

Global Stock Indices:

Today, global stock indices are expected to be highly volatile. Profit booking can come at higher levels.

ALERT: All global stock markets are highly volatile to uncertain till 29th January 2013.But again, bull run shall start from 30th January 2013.

Monday, overall markets shall be positive but Asian opening could be negative.

Do not carry forward long position for Monday opening.

Today you should book profit in 50% of position in S&P 500 at higher level.

Precious & Industrial Metals:

Today, bullion shall be highly volatile. However, recovery shall start from evening session (US hours).  Again some profit booking is possible in late night.

ALERT: GOOD RISE IN BULLION FROM MONDAY’S EVENING TO 1st FEBRUARY 2013.

BUY: GOLD @ lower level with stop loss 1,660.

BUY: SILVER @lower level with stop loss 31.40.

Energy Products:

Astrology says that Crude Oil is bullish in next week.

BUY OIL WITH STOP LOSS 95.00

Trading Range (25th January 2013)

  • CRUDE OIL: 95.00-96.80 (If cross 97.00 then highly bullish).
  • NATURAL GAS: 3.40-3.48

Currencies:

Trading Range (25th January 2013):

  • EUR/USD:1.3390-1.3280
  • USD/INR (SPOT):HOLIDAY

Indian Stock Market:

Today, Indian stock market shall be highly volatile and positive.

But again profit booking can come in closing hours.

Closing can be bearish.

Trading Range (25th January 2013):

  • Nifty (Fut) :6,010-6,060
  • Bank Nifty (Fut): 12,520-12,720

 

RECOMMENDATION STOCK STOP LOSS TARGET
BUY TATA MOTORS 289.00 298.00-300.00
BUY RALLIS INDIA 133.00 140.00-142.00
BUY JP ASSOC. 82.00 86.00-87.00
SELL UNITECH 35.00 32.00-30.00
SELL IRB INFRA 116.00 105.00

SELL: JAIN IRRIGATION, PUNJJ LLOYD.

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash