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Market Bullish This week (6 August – 10 August)
Today, (Monday) 6th August 2012>
Astrological View: Market to witness overall bullishness this week with a bit of volatility.
Astrology Indicators day wise:
(6 August) Monday: Positive for Bullion But profit booking on higher levels in late night is possible in bullion and crude oil.
(7 August) Tuesday: Bullion is positive but again profit booking possible in late night. Crude Oil is volatile to weak this day.
(8 August) Wedneday: Market in narrow range with volatility.
(9-10 August) Thursday: Market is again bullish till Friday. Gold, Silver, Crude Oil & S&P to be bullish.
Base metals also bullish this week with volatility.
Following are the trading range for metals in this week:
Gold: 1580-1640 and above
Silver: 26.80-28.40-29.50 and above
Trading range for global indices:
Dollar Index: 82.05-82.90
EUR/USD : 1.2350-1.2450 (Already achieved 1.2450 as predicted on Friday) – 1.2520
USD/INR : 54.90-55.75
Agro commodities : Mentha Oil, Rice, Sugar, Chana – volatile to bullish.
The author of this article is Mr. Rajeev Prakash Agarwal, the Director of MAA ASTRO DUNIYA PRIVATE LIMITED (Astrodunia.com) , an astrology based firm that provides investors around the globe with trading and investment tips in stock and commodity market.
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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