MCX – COMEX – NYMEX -Astrological Outlook for Bullion, Oil, Stocks, Currency

18^th September 2012

Today- all stock markets are highly volatile to weak. But recovery starts in evening session. And today, US stock market will close positively.

Tomorrow, Asia opening will be positive. And global stock indices will be positive. A good rise will be seen on 20^th-21^st September 2012

Weekly Trading Range of Global Stock Indices

è DOW FUTURE (DEC): 13,460-13,525

è NASDAQ FUTURE (DEC): 2,842-2,858

è S&P 500 (DEC): 1448-1460

è FTSE: 5,850-5,920

è DAX: 16,460-16,520

è NIKKEI: 9,050-9,150

è HANG SENG: 20,650-20,800

è NIFTY (SPOT): 5580-5650
(Nifty can touch 6,000 in coming days)

TRADING RANGE OF ENERGY PRODUCTS

OIL: 96.00-98.00 AND ABOVE

NATURAL GAS: 2.82 – 2.95

TRADING RANGE OF INDUSTRIAL METALS

COPPER: 372-382

TRADING RANGE OF PRECIOUS METALS

GOLD: 1750-1774 AND ABOVE

SILVER: 33.70-34.50

Today- Bullion is volatile to bearish till 16.00 HRS (IST).

Then onwards, it’ll recover from lower level.

ALERT: BULLION – VOLATILE TO POSITIVE FOR 19^TH SEPTEMBER 2012. BUT GOOD RISE IN BULLION FROM 20^TH SEPTEMBER 2012’s EVENING SESSION (19.00 HRS IST) TILL 21^ST SEPTEMBER 2012’s LATE NIGHT.

ALL BASE METALS & COPPER ARE VOLATILE TO BULLISH FOR THIS WEEK. BUY LEAD, ZINC, COPPER, ALUMINIMUM, NICKEL ON DIPS.
TRADING RANGE OF CURRENCY

• Ø EUR/USD: 1.3060-1.3150
• Ø USD/INR: 54.50-53.50 ( SELL ON RISE )
• Ø DOLLAR INDEX: 79.20-78.60

VIEW ON INDIAN STOCK MARKET

v Trading Range of Nifty Fut: 5,580-5,650 AND ABOVE.

v Trading Range of Bank Nifty: 10,800-11,000

v ALERT: IN COMING DAYS, NIFTY CAN GO UP TO  6,000 WHILE BANK NIFTY CAN GO UP TO 11,400.

v TODAY – BUY ON DIPS (FOR METALS, TEXTILE, BANKING, INFRASTRUCTURE RELATED STOCKS) FOR THIS WEEK. GOOD PROFIT IS POSSIBLE.

v Good rise to be seen in L&T, TATA STEEL, INFOSYS, SBI, DENA BANK, ICICI BANK, YES BANK, GMR INFRA, CENTURY TEXTILE, ARVIND MILLS, CAIRN INDIA, HDIL, DLF.

View for Indian Commodity Market (MCX)

v Today- bullion, crude oil and base metals – volatile to weak.

v From 16.00 HRS IST a recovery is seen from lower levels.

v ALERT: By 22^nd September 2012, good rise possible in bullion and base metals.

TRADING RANGE OF MCX COMMODITIES (INR):

• GOLD: 31,680-31,900 AND ABOVE
• SILVER: 63,100-64,200 AND ABOVE
• COPPER: 448-455 AND ABOVE
• LEAD: 119.50-121.50
• ZINC: 110.50-112.50
• ALUMINIUM: 114-117
• CRUDE OIL: 5,204-5,350
• NICKEL: 965-984

(Updated at 07.12 HRS IST – 18^th September 2012

Please note that this is an indicative report only and not live trading calls. Our specialty is ‘LIVE TRADING CALLS’. Kindly contact us if you want to add the advantage of ‘financial astrology’ to your portfolio.