GLOBAL STOCK INDICES
On 15th July 2015, it is the “NEW MOON” and an eventful day. Mars shall enter Punarvasu nakshatra at 20.30 HRS IST. This shall bring a trend reversal for stock market. If US market closes negative today, it shall continue to be negative till 20th July 2015. The last low made 2034 could be re-tested.
After 20th July, market shall enter in bullish pattern and continue till October 2015.
Next day seems to be unpredictable and so trade with caution.
In first half, Asian market shall be positive for today.
Closing of Asian market can be flat to negative.
European market as well can close bearish today.
If European market closes bearish today, this weakness shall continue with volatility till 20th July 2015.
PRECIOUS METALS
It is the last day for bearishness in bullion. Bullion shall take a U turn after making a low. If the level of 1150 is breached, Gold may drop to 1141. Similarly, Silver can drop to 14.90.
After 20.30 HRS IST, bullion shall take a U turn i.e. move upward.
Next day seems to be positive for bullion.
This positivity shall continue.
Around 1,155-1,157, book profit in long position in Gold & 15.37-15.45, book profit in long position in Silver.
Buy back bullion at lower levels in evening and hold.
Positional traders can hold GOLD with s/l 1138 & SILVER with s/l 14.70.
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