Global Stock Indices:                                  

Global stock indices are highly volatile for the day.

Recovery shall be seen from lower level.

Again some profit booking is possible at closing hour.

And tomorrow shall be a positive / bullish day for stock market.

Today, buy stock indices on lower levels and hold for tomorrow.

US stock market shall open at lower level but closing may be positive.

Precious & Industrial Metals:

Yesterday, we said that weakness shall be seen in bullion.

Friday itself, we had informed our subscribers to not hold any long position but make short position.

Bullion is again highly volatile with ups and downs for today.

From 15.30 HRS (IST), again fall can come.

This fall shall continue till US opening.

And then from US Opening/ 20.30 HRS (IST), a recovery shall be observed.

Positive recovery shall continue till late night.

And tomorrow, Bullion shall be volatile to positive (especially after US opening).

A good positive trend is possible.

Trading Range (12^th February 2013):

·         GOLD:1,620-1,660

·         SILVER: 30.20-31.20

·         COPPER:  369.00-376.00 (COPPER IS VOLATILE TO POSITIVE FOR THE DAY. BUY ON LOWER LEVELS)

Other base metals shall experience heavy volatility.

But closing of base metals can be positive.

Energy Products:

Today, Crude Oil is highly volatile. Selling pressure could be seen at higher level.

Make short position on higher level with S/L 98.30.

Natural Gas is highly volatile for the day. Mix trend shall be expected.

Trading Range (12^th February 2013)

·         CRUDE OIL: 97.50-95.00

·         NATURAL GAS: 3.24-3.34

Currencies:

Make short position in USD/INR on higher level with stop loss 54.20 for target 53.60-53.40.

Trading Range (12th  February 2013):

·         EUR/USD:1.3340-1.3480

·         USD/INR (SPOT):  54.10-53.60-53.40

Indian Stock Market:

 (Updated at : 12/02/2013 8:00:57 AM (IST))