The destiny of Indian and Global stock markets and precious metals on 5th September 2013

Global Stock Indices: Today, Asian, European (UK) and US market shall be volatile to bullish (Bullish trend is expected especially in American stock market). Tomorrow, Asian opening shall be bullish. PRECIOUS METALS: Today, bullion shall be highly volatile but overall weak (especially from 22.00 HRS IST). At late US hours, you can buy GOLD and SILVER. From tomorrow, bullion shall be volatile to bullish in short term. GOLD can cross 1,500 while SILVER can cross 26.00. Hence, you should make long position at late US hour. Tomorrow, gold and silver shall be volatile to bullish.

View on Base Metals: Copper shall trade highly volatile but overall weak. You can make long position in base metals such as copper for tomorrow. View On Energy Products: CRUDE OIL Crude Oil shall be highly volatile for the day. You can make long position in Crude Oil at lower level. Tomorrow, Crude Oil shall be volatile to bullish. Bullish trend shall continue next week as well. In short term, Oil can cross 115$/bbl. Tomorrow, OIL can cross 110$ (hence you should make the long position in Oil around US hours). NATURAL GAS NG shall be volatile to positive. Buy NG at lower levels. Its positive for short term. Currencies: EUR/USD shall be highly volatile. INR shall be strong against USD. USD/INR can drop to 65.50 or below. View on Indian Stock Market Today, Indian stock market shall have bullish opening. From 11.45 HRS (IST) to 13.45 HRS (IST), a profit booking is expected. Again from 13.45 HRS (IST), it shall be bullish trend for Indian stock market, which shall result in closing to be bullish as well. Tomorrow as well, opening for Indian stock market shall be positive. ==As sent on 5th September 2013 (07.30 HRS IST) To know more or subscribe to our service, please contact +91-9669919000 or +91-9301717647 or e-mail astrodunia@gmail.com

Leave a Reply