What’s next after Greece crash?

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GLOBAL STOCK INDICES

US market closed negative as per our expectation. Today, US market shall remain closed due to the American independence day.  As a result, most of the markets shall trade sideways today. On Monday, either gap up or gap down opening is indicated as the result of Greece chaos is awaited.

As per astrology, market shall be bearish on Monday.

PRECIOUS METALS

Gold made a low of 1156 last day and bounced back. Trend seems to be slightly positive for bullion today.

Monday is a bullish day. You are advised to hold long position in bullion for Monday.

INDUSTRIAL METALS

Copper shall be supportive. On Monday, bullish trend is expected.

CRUDE OIL

Crude Oil can witness bearishness anytime soon. It can try to break 55.00 if sustains below 58.

NATURAL GAS

NG shall be negative till 10th July 2015. Anytime, it can break 2.75.

EURO

With s/l as 1.1020, long EUR/USD.

On Monday, EUR/USD shall be positive.

INDIAN RUPEE (USD/INR)

USD/INR is a great deal to buy at this level.

In September, we are expecting it to reach 68.

DOLLAR INDEX

Dollar index shall be weak till Monday’s first half.

INDIAN STOCK MARKET

Indian market shall have sideways movement.

After downward opening, it shall try to recover.

After 14.30 HRS IST, it shall trade weak.

Positional traders shall hold short position in Nifty with s/l 8540 for target 8220-8130.

Intraday traders can buy Nifty at lower level with s/l 8420 for target 8460-80.

On Monday, market could either have a gap up or gap down opening owing to the Greece issue. As per our analysis, Monday seems to be bearish.

TRADING RANGE:

  • NIFTY FUT: 8480-8380
  • BANK NIFTY:18650-18450

BUY ON DIPS:

  • RCF
  • SKS MICRO
  • IDEA
  • LIC
  • BHARTI
  • HPCL
  • BPCL
  • ONGC
  • EXIDE BATTERY

ALERT: Jupiter enters Leo on 15th July 2015. After 20th July 2015, market shall be ready for a big bull run.

Medium term long position shall be recommended in 15th July’s newsletter.

From there, bullion shall also enter a bullish phase in which Gold can cross 1400 and Silver can cross 21.00. Details shall be sent to subscribers.

 

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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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