Gold, Silver, S&P500 as per astrology in April 2013

Global Stock Indices:

According to astrology, by 4th April 2013, a sharp fall can come in the stock market.

And hence please be alert!

This bearish trend is expected to continue till 10th/14th April 2013.

However, some days in between could be positive.

From 1st April – 4th April 2013, market shall have ups and downs with overall bearish mood..

On 5th April 2013, second half, a “considerable” bounce back is possible.

S&P500 BELOW 1,573 CAN GO 1,520-1,505 ANY TIME. YOUR S/L SHOULD BE 1,573.

Today’s Trend: Today, highly volatile trend is expected in stock market. However, closing shall be bearish.

Trading Range (1st April 2013):

  • ONLY FOR MEMBERS

 

Precious & Industrial Metals:

This week, bullion is expected to be highly volatile.

Both side trends could be observed. It must be noted that on 1st and 2nd April 2013 , some weakness shall continue with heavy volatility. From 3rd April 2013, rise to be seen from US hours.

This shall continue with ups and downs till 5th April 2013.

Weekly /Friday closing shall be bullish for bullion.

The major support of Gold is at 1,585 and 1,581. The upper level could be around 1,620+.

Similarly, the major support of Silver is at 27.80 and 26.20. The upper level could be around 29.20-30.00.

Today, weakness is possible in bullion with volatility.

Copper and base metals shall have mix trend. Closing in base metals and Copper can be bearish.

Trading Range (1st April 2013):

  • ONLY FOR MEMBERS

Energy Products:

NG is expected to be highly volatile and shall have mix trend.

Crude Oil is expected to be volatile to positive.

This week, Crude Oil shall be volatile to bullish.

Trading Range (1st April 2013)

  • ONLY FOR MEMBERS

Currencies:

This week, EUR/USD is expected to be volatile to bearish.

Major support of EUR/USD: 1.2715 & 1.2660.

This week, USD is strong against INR.  USD/INR (SPOT) can go up to 54,90-55.40 this week.

Trading Range (1st April 2013):

  • ONLY FOR MEMBERS

Indian Stock Market:

This week, Indian stock market is highly volatile. Sharp correction could come any time.

Please be alert in your long positions.

Trading Range:-

–          Nifty Fut(APRIL):5.750-5,640

–          Bank Nifty Fut (APRIL): 11,550-11,200

 

SELL:

  • STERLITE S/L 95 TGT 88
  • TATA MOTORS S/L 276 TGT 265
  • ONGC S/L 316 TGT 305-298
  • HERO MOTORS S/L 1552 TGT 1525-1510
  • Weakness is expected in DLF,  TATA STEEL, SAIL, SBI, ICICI BANK.

 BUY:

  • IDFC
  • LIC
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