Market Timing Opportunities: Global Stock Market Outlook

Market Timing Opportunities,
03^rd -7^th December 2012

Global Stock Indices:
This week, global stock indices shall be volatile to positive. Market trend is expected to be positive till 14^th December 2012. The lower side for S&P 500 could be 1,405 but the higher side could be 1,465.
Similarly, for Nifty (SPOT) lower side 5,850 but higher side 6,000+.

Hang Seng Index (Fut)’s weekly range will be between 21,850-22,500.

Today’s View: Today, global stock indices are positive but profit booking possible at closing hours. However, in the US market profit booking can come after 2 hours of opening.

Trading Range (3rd December 2012):

• DOW JONES (FUT):12,980-13,045
• S&P 500 (FUT) :1,405-1,422
• NASDAQ (FUT):2,670-2,690
• FTSE (FUT): 5,865-5,920
• CAC40(FUT):3,540-3,562
• DAX (FUT): 7,380-7,440
• HANG SENG IDX (FUT):21,980-22,140
• NIFTY (SPOT):5,940-5,880

Precious & Industrial Metals:
This week, the market will trade in a Zig-Zag pattern. Several ups and downs could be observed in the price of bullion. However, bullion will go up from 5^th Dec’12 ‘s evening to 10^th Dec’12’s evening. There is a chance of some weakness any time before 5^th Dec’12’s eve. 11^th December’12 – 14^th December’12 will be bullish but with heavy volatility. Please keep alert that between 14^th to 17^th December 2012, a sharp correction is possible. For positional traders, it’s recommended to buy only after 25^th December 2012 and hold till February 2013 for new highs.
Weekly Trading Range (3^rd – 7^th December 2012):

• GOLD: 1,704-1,732-1,742
• SILVER: 32.80-34.40
• COPPER: 363.00-368.00

ALERT: GOLD SHOULDN’T BREAK 1,700 AND SIMILARLY SILVER SHOULDN’T BREAK 32.80 BUT ANYHOW IF IT BREAKS THOSE LEVELS THEN GOLD CAN GO DOWN TO 1,684 & SILVER CAN GO DOWN TO 32.20. SO PLEASE KEEP YOURSELF CONNECTED WITH THE MARKET.

Today’s Trading Range (3^rd December 2012):

• GOLD: 1,730-1,705
• SILVER: 33.40-34.20
• COPPER: 364.00-366.00

Energy Products:
Crude Oil is volatile to positive for the day. However, profit booking can come at the closing hours of the US Market.
Trading Range (3rd December 2012):

• Crude Oil: 90.00-88.00
• Natural Gas: 3.54-3.62

Currencies:
Trading Range (3rd December 2012):

• EUR/USD: 1.3040-1.2980
• USD/INR (SPOT): 54.50-54.05 (This week or next week, USD/INR can go down to 53.80)

Indian Stock Market:

BUY: IDFC, CENTURY, INDUSLAND BANK, SBI, KTK BANK, YES BANK, LIC, HDIL, TATA STEEL, L&T, Bharti

Trading Range:-

• Nifty Fut:5,820-5,920
• Bank Nifty Fut: 11,900-12,200 +

Market timing opportunities abound this week in the global stock market. Volatility is expected, with positive trends prevailing until December 14th, 2012. For traders, this presents a spectrum of opportunities. Insights into trading ranges for various indices provide valuable guidance for strategic decision-making. Additionally, forecasts for precious and industrial metals, energy products, currencies, and the Indian stock market offer further avenues for profitable trading. Stay informed and capitalize on the market’s movements for optimal returns.