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The Judgement Day For Bullion and Stocks: 16th November 2012
16th November 2012
Global Stock Indices:
Some pressure can continue for the day in global stock indices but upside move start from next week.
Today, US stock market may close in positive bias.
Any time, we can expect a rise in S&P 500. You can hold S&P with Stop Loss 1340.
Today, if S&P 500 closes above 1365 then we are very hopeful for its bull trend next week.
Trading Range:ONLY FOR MEMBERS
Precious & Industrial Metals:
Last day, we expected some positive trend in Precious metals. However, it didn’t happen. So please be cautious in Bullion. And don’t trade without a STOPLOSS.
Astrologically, bullion should be positive for today and Monday. We’ll be watching the market closely.
The stop loss for Gold shall be 1,700 & Silver shall be 32.00
Trading Range:
- ONLY FOR MEMBERS
Energy Products:
Crude Oil can witness some pressure for the day. You can make buying position @84.00$/bbl. Next week is bullish for Oil & it can touch 87-90-95$.
Trading Range:
- ONLY FOR MEMBERS
Currencies:
Today, EURO is volatile
Trading Range:
- EUR/USD: ONLY FOR MEMBERS
- USD/INR (SPOT): ONLY FOR MEMBERS
- DOLLAR INDEX: ONLY FOR MEMBERS
Indian Commodity Market/ MCX:
Today, bullion is volatile to positive. Hold long positions with stop loss 31,280 (Gold) & 60,200 (Silver).
Astro-indicator is positive for today and Monday. However, you should use stop loss.
Today if close in positive tone, then we’ll be positive for next week.
Trading Range:
- GOLD: ONLY FOR MEMBERS
- SILVER:ONLY FOR MEMBERS
- CRUDE OIL:ONLY FOR MEMBERS
- COPPER: ONLY FOR MEMBERS
Indian Stock Market:
Today, weakness can continue with volatility in Indian Stock Market.
Positive trend can be expected from next week.
BUY: RCOMM, Bharti, DENA BANK, IDFC, KTK BANK, Mahendra & Mahendra Finance, Praj Industries.
(Updated at : 16/11/2012 7:47:41 AM (IST))
Disclaimer: The above calculations are based on astrology and technical analysis. This is an indicative report only and not to be considered as live trading calls, which is a proprietary service by our team. This report is meant for educational purpose only.
Integrate Market Timing in your Portfolio
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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