Hold short in Bullion

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PRECIOUS METALS

Hold short position in bullion till 22nd October 2015. Gold can drop to 11– or lower while Silver can drop to 14.-0 or lower.

INDIAN STOCK MARKET

Till 10.40 HRS IST, bearish trend is expected.

10.40 to 12.30 HRS IST, positive trend is expected.

12.30 to closing, uncertainty may be there.

Next day, a sharp correction may be observed in Indian market.

For the Nifty Fut we had short at 8260, you are advised to be hold with stop loss 8320.

For the Bank Nifty we had short at 17900, you are advised to use stop loss of 18120.

TRADING RANGE:

  • NIFTY FUT: 8290-8220
  • BANK NIFTY: 18000-17700

BUY:

  • IDBI
  • ROLTA
  • EXIDE BATTERY
  • MARUTI
  • APOLLO HOSPITAL

CRUDE OIL

Crude Oil shall move to 45.50 for once. It is advisable to long oil at lower levels.

By next Monday, it will cross 51.

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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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