Your cart is currently empty!
The Market Trend : 7 December 2012
07th December 2012
-THIS IS OUR LETTER FOR TODAY-..
PLEASE NOTE THAT WE MAY NOT MAKE OUR LETTERS PUBLIC IN FUTURE. SO ITS A BETTER IDEA TO SUBSCRIBE! FOR DETAILS, PLEASE SEND AN E-MAIL TO [email protected]
Global Stock Indices:
Today, global stock indices are highly volatile but some profit booking can come at closing hours. US market will also witness some profit booking at closing hours. It can end in negative bias due to profit booking. But next week, all global stock indices are volatile to “BULLISH” till 14th December 2012. As we expect some good news from US, UK, India.
Planetary positions show that good news (for stock markets) should come up in next week, which will be a driving force to make the market bullish. By next weekend, we can expect S&P 500 to reach 1465+.
Today, book profit in S&P 500 @1412-1420. And then again buy back at US closing hours.
The financial, infrastructural, metal & banking sector related stocks in US market are bullish for next week.
Trading Range (7th December 2012):
- DOW JONES (FUT):13,120-13,015
- S&P 500 (FUT) :1,420-1,402
- NASDAQ (FUT):2,475-2,440
- FTSE (FUT): 5,940-5,880
- CAC40(FUT):3,610-3,580
- DAX (FUT): 7,590-7,490
- HANG SENG IDX (FUT)22,420-22,120
- NIFTY (SPOT):6,020-5,920
When Nifty was at 5,700 we had recommended to make long positions for target 5,950-6,000. The first target had already been hit yesterday. We’ll be able to see Nifty crossing 6,200 by 14th December 2012.
Precious & Industrial Metals:
Yesterday, we said that a sharp recovery shall come in the precious metals. And as a fact, this prediction turned out to be correct. The precious metals had a U turn from US opening hours. Hopefully, you must have made money!
Today, precious metals shall be positive till UK opening.
After UK opening, planetary positions are one-sided. It means that after UK opening, the market will be in single direction move. If it goes up after UK opening, it should remain upward and vice- versa.
If it goes upward please hold your long position. In case it goes down, cut your long position (only INTRA-DAY and not the POSITIONAL) & buy back at closing hours for next week as next week is volatile to “BULLISH” till 14th December 2012.
Today’s Trading Range (7th December 2012):
- GOLD: 1,714-1,688
- SILVER: 33.40-32.80
- COPPER: 367.00-363.00
Energy Products:
Crude Oil is highly volatile for the day.
Trading Range (7th December 2012):
- Crude Oil: 86.00-89.00
- Natural Gas: 3.74-3.62
Currencies:
Trading Range (7th December 2012):
- EUR/USD: 1.3040-1.2920
- USD/INR (SPOT): 54.60-53.90
- DOLLAR INDEX: 80.40-79.80 (TODAY SELL DOLLAR INDEX AT US CLOSING HOURS . )
Indian Stock Market:
Today, Indian stock market is expected to be highly volatile & some positive. However, profit booking shall come in closing hours. Closing can be negative.
But you can make long positions at closing hours for next week.
We expect Nifty to reach 6,200+ next week. Similarly, Bank Nifty can go 12,900-13,200 in next week.
Yesterday, we said that Nifty & Bank Nifty will have good bull trend. Nifty future went up to 5,970 and Bank Nifty future crossed 12,900. Hopefully you must have enjoyed with good profit from our advance prediction. The stocks we recommended to buy yesterday also moved up. Syndicate Bank made high of 134.00 (3 to 4% return in INTRA-DAY).
BUY FOR SHORT TERM: RELIANCE CAPITAL, RELIANCE INFRA, JP ASSOCIATES, JP POWER, TATA MOTORS, SYNDICATE BANK, SHOBHA DEVELOPERS, HDIL, STERLITE INDUSTIRES, TATA STEEL @LOWER LEVEL.
ALERT: WE ARE VERY POSITIVE IN JP ASSOCIATE, SYNDICATE BANK, DB REALTY, RELIANCE INFRA, RELIANCE CAPITAL.
Trading Range:-
- Nifty Fut:6,000-5,900
- Bank Nifty Fut: 12,700-12,200
(Updated at : 07/12/2012 6:11:50 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.
HAPPY TRADING
ALERT: MR. RAJEEV PRAKASH IS NOT AVAILABLE TODAY AS HE’LL BE IN FLIGHT. YOU CAN REACH HIM AFTER 2.00 PM. AND SO THE LIVE TRADING CALLS HAVE BEEN SUSPENDED FOR THE DAY.
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.
Leave a Reply
You must be logged in to post a comment.