What’s next in global stock markets, commodities, currencies…

Astrodunia

Global Stock Indices:

Today, Asian market shall have gap down opening. Some recovery is possible in second half.

Tomorrow, Asian opening is expected to be positive. UK market is expected to continue in weakness for today as well. However, some recovery is possible from lower levels.

Some recovery is indicated for US market as well.

Closing may be flat to positive.

Tomorrow, a sharp fall is possible in US market.

You can buy S&P500 with s/l 1,538 for target 1,555-1,562.

VIEW ON PRECIOUS METALS

Today, gap down opening is expected in bullion. Recovery is possible after UK opening.

This can continue with volatility till tonight.

Tomorrow, Bullion shall be volatile to positive in day-hours but again sharp fall is expected in US hours.

View on Base Metals:

Weakness shall continue in base metals & Copper.

Some recovery is indicated from lower levels.

View On Energy Products:

Mixed trend is expected in Natural Gas.

Crude Oil is expected to open negative. However, recovery is seen in Oil from lower levels.

Currencies:

EUR/USD is expected to be highly volatile. Recovery shall be observed from lower levels.

INR shall recover against USD. You can sell USD/INR on 54.50.

Trading Range (18th April 2013):

  • EUR/USD: 1.2980-1.3080
  • USD/INR (SPOT):54.50-54.10

View on Indian Stock Market:

Today, Indian stock market shall open negative.

Some recovery is possible from 13.00 HRS (IST).

Closing may be bearish.

Trading Range (18th April 2013):

–          NIFTY FUT:5,620-5,720

–          BANK NIFTY FUT:11,600-11,900

BUY ON DIPS:

  • UNION BANK
  • SBI
  • YES BANK
  • ICICI BANK
  • BATA
  • JET AIRWAYS

SELL ON HIGHER LEVEL:

  • RELIANCE INFRA
  • HINDALCO
  • TATA MOTORS

Trading Range & STOP LOSS, TARGET: ONLY FOR MEMBERS.

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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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