What to Happen Next in Stocks and Bullion

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Global Stock Indices:

Today, global stock indices are highly volatile. Sharp correction is possible on higher levels. Closing may be bearish.

Sharp decline is possible tonight (in US stock market).

However, next week’s Monday and Tuesday are volatile to bullish.

And then again sharp decline on Wednesday.

For detailed view, wait for the weekly letter.

Precious & Industrial Metals:

Today, bullion is expected to be highly volatile. Both side trend could be observed. But it shall turn positive from Monday.

Copper is volatile to bearish. Sell COPPER on higher levels.

Energy Products:

Today,  you can short Natural Gas on higher level.

Crude Oil shall be volatile. Some recovery is expected in Oil from lower levels. You can add long in Oil at lower levels.

Currencies:

Sell EUR/USD on higher levels

Trading Range (12th April 2013):

  • EUR/USD: 1.3135-1.3040
  • USD/INR (SPOT):54.40-54.70

Indian Stock Market:

Today, Indian stock market is highly volatile in first half. Closing could be bearish.

  • You can make long position in Nifty & Bank Nifty & stocks (JP ASSOC., BOMBAY DYEING, RAYMONDS, KTK BANK) at lower level for next week.  In the ‘above’ stocks, we expect a great return of 4-5%in short term.
  • Trading Range:-

–          Nifty Fut(APRIL):5,615-5,480

–          Bank Nifty Fut (APRIL): 11,380-11,000

 

INTRA-DAY SELL

  • RIL
  • STERLITE
  • JSW STEEL
  • L&T

INTRA-DAY BUY

  • KTK BANK
  • JP ASSOC.
  • RCOMM

FOR ANY QUERIES, DIAL +91-9669919000, +91-9301717647 or e-mail [email protected]

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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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