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Has Bullion Bottomed Out?
A part of weekly newsletter as sent on 3rd August 2015.
GLOBAL STOCK INDICES
US and other global markets shall be weak on 3rd August 2015. 4th onwards, bullishness is indicated. With ups and downs, positivity shall last till weekend. S&P500 on the lower side can drop to ???? and on the upper side it can move up to ????. Next week seems to be more positive with volatility for stock indices. From 17th August, bullishness shall increase. BUY S&P500 @ ????-????for target ????.
PRECIOUS METALS
Bullion shall be weak till 17.00 HRS IST. And then it shall move in positive direction. It shall continue in positive range till 5th August 2015. On 6th, declining trend is expected and on 7th, positive trend is expected. This week, Gold can try to cross —- and Silver can try to reach –.–.
ENERGY PRODUCTS: CRUDE OIL
Crude shall take a U turn to 55.00$/bbl. It is advisable to buy Crude Oil with s/l below 46 (on closing basis) for target 55.
INDIAN STOCK MARKET
Indian market can experience some weakness today. For next day, trend may be uncertain owing to RBI’s data announcement. Overall, market tends to be positive around Wednesday-Friday. Market is bullish in medium term from 17th August 2015.
This week seems to be supportive for following stocks(BUY ON DIPS): – HINDUSTAN UNILEVER – MARUTI – ASHOK LEYLAND – BEL – BEML – BANK OF BARODA – UNION BANK – STATE BANK OF INDIA – ICICI BANK – IDBI – LIC
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Integrate Market Timing in your Portfolio
Mr. Rajeev Prakash
Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.
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