Newsletter for Investors (28th NOVEMBER 2013)

Global Stock Indices:
Today, Asian market shall be uncertain in first half. Pressure shall be seen at higher level. But recovery shall be seen in closing hour. UK market shall be uncertain, closing is expected to be bearish.
Its a HOLIDAY in US market.

Today’s Trading Range:
DOW(FUT):HOLIDAY
S&P500(FUT):HOLIDAY (HOLD SHORT POSITION WITH S/L 1812 TGT 1,795-1,790)
NASDAQ(FUT):HOLIDAY
FTSE100(FUT):6,670-6,620
CAC40(FUT):4,295-4,265
DAX(FUT):9,395-9,330
HANG SENG (FUT):24,040-22,750
NIFTY(SPOT):6,100-6,020

PRECIOUS METALS:
As expected, precious metals didn’t sustain at higher levels. Its advisable to trade in and out. Do not long positionally.
ALERT: Next Monday (2nd Deccember 2013), its the SCORPIO MOON (NEW MOON). Especially around US hours, a sharp decline is expected in precious metals. You should be prepared to short precious metals at higher level(s).
INTRA-DAY TREND: 10.15-15.15 HRS (IST): volatile to positive
15.15- 17.30 HRS (IST): volatile to bearish.
From 19.30 to late hours, volatile to positive.
TODAY’S TRADING RANGE:
GOLD:1,255-1,230
SILVER:20.10-19.60
View on Base Metals:
Base metals shall be volatile to bearish. Sell base metals on rise.
Today’s Trading RANGE:
Copper:3.23-3.17
View On Energy Products:
CRUDE OIL& NG
Sharp fall is indicated for Crude in coming days. Crude Oil can breach $90 /bbl any time and may even drop to 88.
NG shall be volatile to positive.
Today’s Trading Range:
CRUDE: 93.50-91.00
NG: 3.85-3.95
Currencies:
Buy USD/INR on dips.
TODAY’S TRADING RANGE:
EUR/USD: 1.3520-1.3600
USD/INR(SPOT): 62-62.60
DOLLAR INDEX:80.90-80.60 (SELL ON RISE)

View on Indian Stock Market
Today, Indian stock market shall have positive opening. Declining trend shall be seen from 10.30 HRS (IST) to 12.30 HRS (IST). Again, recovery is expected after 12.30 HRS (IST) to closing.
Today’s Trading Range:
NIFTY (NOV FUT): 6,000-6,100
BANK NIFTY: 10,800-11,100

BUY ON DIPS:
TATA MOTORS
BATA
TATA STEEL
L&T
SELL ON RISE:
CENTURY TEXTILE
DLF S/L 162