Part of Newsletter sent on 5 June 2020

USA Stock Market

In the previous session, market closed flat to negative. In live signals, we covered long position in S&P500 around 3118 and NASDAQ around 9740. Airlines stocks performed very well. Our stock pick UAL jumped from 35.11 to 39. We booked profit around 38. BEYOND MEAT made a high of 142. We booked 50% profit in BYND at 141.31. AMZN also triggered our target of 2500.

Today, it is the Full Moon (in Scorpio). Hence, market may trade in a broad range. At opening, Mercury-Uranus trine is being formed. Closing may be positive. In next week as well, uptrend is indicated. On Monday, gap up opening is possible.

Remain long in indices and stocks at lower levels. In the previous session, we asked you to long 50% S&P500 @ 3090.

Also, we went long in the following stocks:

• CRM
• 3M
• ADOBE
• IBM

Hold these stocks for next week.

Today, you can accumulate TSLA, MSFT, FB, CAPRI HOLDING (CPRI) at lower levels.

Today, just before the newsletter is being sent, we sent a buy signal for NASDAQ – 50% @ 9634 and DOW – 50% @ 26285.

Indian Stock Market

Today, Indian market may behave highly volatile. From opening to 12.15 HRS IST, uptrend is indicated. From 12.15 to 14.30 HRS, mixed trend is indicated followed by recovery (after 14.30 HRS). In the closing hour, Mercury-Uranus trine is being formed which may lead to positive closing/recovery.

Day traders are advised to exercise caution.

On Monday, gap up opening is possible. Remain long in indices and stocks at lower levels.

BUY AT DIPS (FOR NEXT WEEK):

• VEDANTA
• JSPL
• TATA STEEL
• TATA MOTORS
• M&M
• MARUTI
• EICHER MOTORS
• HUL
• ITC
• SRF
• RELIANCE
• IRCTC
• AVANTI FEED
• VENKY
• KOTAK MAHINDRA BANK
• ICICI BANK
• HDFC BANK
• HDFC AMC
• HDFC LIFE
• ICICI LOMBARD
• BANK OF BARODA
• SBI
• BHARTI AIRTEL