Profitable Trading Strategies: Market Reversal Insights

Profitable Trading Strategies : Maximize Profits & Get Market Insights

Sent on Tuesday, February 4, 2014, @ 07:00 HRS (IST) Stock Markets around the Globe Since last week, we have been mentioning that global markets would crash gradually in coming days. HENCE, YOU WERE ADVISED TO AVOID ANY LONG POSITIONS AND SHORT AT HIGHER LEVELS. The market traded the way we expected it to. We have been asking to short S&P500 since it was at 1,845 for a target of 1,745 & below. Last night, S&P500 made a low of 1,732. We hope you must have made profit and observed the power of astrology. With volatility, this weakness shall continue till 14th February 2014. And again, it being warned to avoid long positions in this time frame. You also advised to book 80% of your short position’s profit today. And rest 20% hold for target 1,720 with stop loss 1,748. On Friday itself, we had mentioned that a major correction would be seen by Tuesday. However, please note that this weakness shall continue. TRADING RANGE: -DOW(FUT): 15,380-15,250 -S&P500 (FUT): 1,746-1,725 & BELOW -NASDAQ(FUT):3,465-3,410 -NIFTY (SPOT):6,040-5,950 & BELOW -FTSE (FUT): 6,390-6,300 -CAC40(FUT):4,098-4,030 -DAX (FUT):9,160-9,050 -HANG SENG (FUT):22,150-21,500 PRECIOUS METALS Last day, we had asked to long bullion at lower levels. Gold has made a high of 1,263 last trading session while Silver has made a high of 19.55. Today, Mars shall be changing house around 12.30 HRS (IST) and moving to “LIBRA” sign where Saturn and Rahu are already located. This combination is bad for the stock market but excellent for precious metals. In coming days, any time, a big “bad” news is expected. Hence be alert! After the Mars transition, bullion shall turn highly positive. Especially, around 16.45 HRS (IST), bullion shall be highly bullish. Closing shall be really positive. You are advised to book profit at higher levels today itself as tomorrow, a small correction is expected for the next trading session. TRADING RANGE: -GOLD: 1,240-1,272-1,290 -SILVER: 19.20-19.90-20.50 After transition of Mars, trend shall be supportive for Copper. Copper is expected to trade in a positive direction for the day. TRADING RANGE: -COPPER: 3.15-3.23 ENERGY PRODUCTS Last day, we had mentioned that NG would touch 4.75-5.45. NG made a low of 4.70 and a high of 5.20. And NG is now, ready to reach 5.45. NG can even cross 5.45!! Book 80% profit in NG today itself at higher levels. Crude Oil is expected to cross $99 by this Friday. For the day, Crude is positive. Buy Crude at lower level(s) with stop loss 94.00. You are advised to book profit in a long position at higher levels today itself as a decline could be observed next day. TRADING RANGE: -CRUDE OIL:96.00-98.50 -NG:4.95-5.45 CURRENCIES EUR/USD can bounce back to 1.3550+. Today, you are advised to book 80% profit in EUR/USD at higher levels as tomorrow, a highly volatile trend is expected. Last day, we had given the target of 62.85 for USD/INR and the same had successfully been achieved last day itself. Today, USD/INR can go up to 63.00-63.20. At higher levels, you are advised to make a short position in USD/INR with a stop loss of 64.00. The Dollar Index is expected to decline for the day. You are advised to close your short position at lower levels and simultaneously make a long position at lower levels. profitable trading strategies : TRADING RANGE: -EUR/USD: 1.3480-1.3550 -USD/INR: 62.60-63.20 -DOLLAR INDEX: 81.50-80.80 US TREASURY BOND Treasury bonds shall be very positive for the day. However, at higher levels, (around US hours), you are advised to make a short position for the next day. INDIAN STOCK MARKET Last day, we had mentioned that NIFTY could drop to 5,900. Today, the market shall have a gap down opening. With volatility, the market shall close in a bearish trend. TRADING RANGE: -NIFTY(FUT): 6,020-5,920 -BANK NIFTY: 10,200-9,800 & BELOW SELL ON HIGHER LEVEL: -DLF -TATA STEEL -TATA MOTORS -JSW STEEL -YES BANK -ICICI BANK -SBI BUY: -IGL -BIOCON -L

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