Stock Markets Around the globe

Today, global markets shall experience profit booking.
US market is expected to have a big reversal from today. It shall move in positive direction for some time and then experience profit booking.
Today, Mercury shall enter in Pisces.
At higher levels, you can short indexes.
On Monday, Asian market shall open in negative trend.
S&P500 shall make a high today. That level may not be re-touched in next week. Short S&P500 at higher levels.
If S&P500 drops to 1,865, you are advised to book 50% profit.
ALERT: As per market timing report (astrology), market shall be supportive with ups and downs.
However, after14th April 2014, anytime, a big crash could be seen.
Trading Range:
-DOW(FUT): 16,560-16,420
-S&P500(FUT):1,891-1,865 (HOLD SHORT POSITION WITH S/L 1,896 (JUN FUT), 1,902(SPOT))
-NASDAQ(FUT):3,655-3,590
-FTSE(FUT):6,640-6,540
-CAC(FUT):4,480-4,420
-DAX(FUT):9,710-9,590
-HSI (FUT):22,800-22,200 (SELL @ HIGHER LEVL AND HOLD SHORT POSITION FOR MONDAY)

-NIFTY(SPOT):6,775-6,690

PRECIOUS METALS

Bullion shall not be seen breaking the lows 19.54 (SILVER)& 1,277 (GOLD).
A matter of fact is, bullion has already bounced back.
As far as our research is concerned, any time, bullion could witness a big bullish trend.
Market is supportive for precious metals next week.
After 14th April and before the end of this month, a very big positive trend shall be observed in bullion.
Positional traders should hold long position with stop loss 1,274 and 19.40 (GOLD & SILVER respectively).
Trading Range:
– GOLD: 1,278-1,296 & ABOVE
-SILVER: 19.65-20.20 & ABOVE

 INDUSTRIAL METALS

Copper shall trade volatile to positive for the day.

It shall remain positive in short term.

TRADING RANGE:

–          COPPER:3.00-3.10

ENERGY PRODUCTS

CRUDE OIL
Crude Oil shall trade in mix trend but range bound.
Above 102.80, it shall turn highly bullish.
As per astrology, Crude Oil shall turn more bullish after 9th April 2014.
Crude Oil could move up to $106/bbl.

NATURAL GAS

NG has bounced back from 4.24.
For some time, NG has become positive.
It can move up to 4.55.
Trading Range:
-CRUDE: 99.50-101.40
-NG: 4.38-4.52

CURRENCIES

EURO
Buy EUR/USD on dips.
INDIAN RUPEE (USD/INR)
In the weekly newsletter, we had mentioned that USD/INR would rebound from Wednesday. And it did!
Hold long position with stop loss 60.00.
In short term, USD/INR may bounce back to 61.00.

DOLLAR INDEX
Buy DOLLAR INDEX @ lower level.
Hold long position for 81.00.

TRADING RANGE:
– EUR/USD: 1.3680-1.3780 AND ABOVE
-USD/INR(SPOT): 60.20-60.60
-DOLLAR INDEX: 80.30-80.80

US TREASURY BOND

Bonds shall trade in mixed trend.
Before US opening, bonds shall be negative. And after US opening, bonds shall move up.

INDIAN STOCK MARKET

Today, Indian stock market shall trade volatile to negative.
On Monday, market could open negative.
Hence, you are advised to short at higher level and hold for Monday.
ALERT: Market shall not experience a big fall in next week. It shall remain somewhat supportive.
However, after 14th April 2014, any time, a sharp fall is expected in Indian market.
TRADING RANGE:
-NIFTY (FUT) : 6,800-6,720 & BELOW
-BANK NIFTY: 12,800-12,525

BUY:
-UTTAM GALWA
-RELIANCE INDUSTRIES
-HINDALCO
-SUN PHARMA
-DELTA FORCE
-AUROBINDO PHARMA
-NMDC

SELL:
-DLF
-FEDERAL BANK

Sent to Customers at 07.30 HRS IST – 4th April 2014