Indian Stock Market Update: Positive Opening, Volatility Ahead

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Indian Stock Market Update

Today, Indian stock market shall have positive opening.

Some recovery shall be seen in first half. Again decline shall come in second half.

Closing shall be bearish.

According to astrology, RBI’s announcement shall not make the Indian stock trades happy and hence a sharp decline could be observed after the announcement.

Trading Range:-

  • Nifty Fut: 5,880-5,820 AND BELOW

SELL

  • DLF S/L 276 TGT 265-260
  • JET AIRWAYS S/L 565 TGT 530

AFTER ANNOUNCEMENT, YOU CAN SHORT RELIANCE CAPITAL, RELIANCE INFRA, TATA MOTORS, MARUTI SUZUKI, TATA STEEL


Precious & Industrial Metals:

Today, Gold and Silver shall be highly volatile & slightly positive (till US opening).

But again, weakness shall start from US opening and continue till closing.

ALERT: : : Good bull run to start in bullion from tomorrow. Tomorrow, a good rise may be seen in bullion due to FOMC announcement. This bull run shall continue till Friday with volatility.

Copper and base metals shall trade both sides for the day. It shall turn positive from tomorrow. And hence, you should buy Copper & base metals at lower level for next 2 days.


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