Bullion and Indian stocks today

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PRECIOUS METALS

Last week, bullion couldn’t move up. Gold made a low of 1,168 while Silver made a low of 15.55.

In this week, trend seems to be positive till Wednesday.

On 2nd July 2015, declining trend is expected.

With s/l of 1,168 hold Gold for target 1195-1200.

If Gold crosses 1205, it can again touch 1220.

With s/l of 15.50 hold Silver for target 16.45-16.90.

INDIAN STOCK MARKET

Indian market shall be uncertain and bearish for the day.

Our clients had short Nifty and Bank Nifty last Friday (Nifty @ 8390 & Bank Nifty @18380).

If Nifty breaches 8250 then can drop to 8130-8000.

You can buy NIFTY only if it trades above 8330.

Next day, market shall recover or trade in positive trend.

On 1st July, market shall be range bound.

On 2nd July, market shall be in declining mode.

On 3rd July, mixed trend is expected.

TRADING RANGE:

  • NIFTY FUT: 8350-8200
  • BANK NIFTY: 18350-17800

BUY ON DIPS:

  • LIC
  • HDFC
  • SUN TV
  • KRBL
  • MARUTI
  • ASIAN PAINTS
  • CENTURY TEXTILES

 

SELL:

  • TATA STEEL
  • JSW STEEL
  • YES BANK
  • BANK OF INDIA
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Mr. Rajeev prakash agarwal financial astrologer

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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