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.

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash