Market Analysis: Indian Stock Market Bullish Opening and Profit Booking

The Indian stock market is poised for a bullish opening today, with potential profit booking expected in the later half of the session. Despite projected dips by the next day, the market outlook remains bullish until Friday.

Trading Range:

• NIFTY FUT: 8250-8150
• BANK NIFTY: 17900-17500

Buy on Dips:

• LIC
• PFC
• BHEL
• TATA MOTORS
• FORCE MOTORS
• MARUTI (S/L 4370, TGT 4650)
• BEL
• JAIN IRRIGATION
• YES BANK
• ICICI BANK

Sell:

• IOB

(EURO)EUR/USD:

Consider booking profits in long positions and shorting EUR/USD at higher levels.

USD/INR:

Opt to sell USD/INR at higher levels.

DOLLAR INDEX:

Expect the Dollar index to weaken until the US opening, followed by a potential uptrend.

Global Stock Indices:

The US market may experience a dip by the next day, with more insights available for members.

Precious Metals:

Bullion is expected to remain positive until 17:00 HRS IST, with a decline likely after the US opening. Detailed trading ranges and views available for members.

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AstroDunia is a market timing firm that uses astrology to predict market movements. The firm was founded by Rajeev Prakash, a financial astrologer with over 20 years of experience. AstroDunia has a team of expert astrologers, analysts and technocrats who use a variety of astrological techniques & advanced technologies to forecast market trends.

About Rajeev Prakash

Rajeev Prakash is the founder and CEO of AstroDunia. He is a financial astrologer with over 20 years of experience. Shashi Prakash Agarwal is an experienced market timing expert with 12 years of experience in the field. He holds an MBA in Finance from NMIMS Mumbai and an engineering degree in Computer Science. This unique combination of education and experience gives him a unique perspective on financial markets, as well as the ability to analyze market data using advanced computational tools and techniques. Throughout his career, he has demonstrated a deep understanding of financial markets, with a proven track record of success in his field.

Prakash is a leading expert on the use of astrology to predict market movements. He has written several books on the subject, and he is a frequent speaker at financial conferences. Prakash is also a regular contributor to financial publications.