Planetary Position

Mercury entered Taurus last day.

Stock Markets Around the Globe

The stock market is expected to be weak for today and next day.

Wednesday and Thursday are slightly supportive but again Friday shall be weak for the stock market(s).

In the next week as well, correction shall be observed, which could last till 19^th May 2014.

On 20^th May 2014, Mars shall be direct. This shall make a positive trend for the stocks.

Geopolitical tension in the Ukraine issue may rise this week.

As a result, your strategy should be to “sell on the rise”.

S&P500 JUN FUT isn’t expected to cross 1,890. Any time, it can break 1,845.

SELL S&P500 ON RISE.

Planetary Position

Trading Range / Entry – Exit Levels & Trading Instructions: Only for Members
Precious Metals
Bullion shall rise owing to an increase in geopolitical tension surrounding the Ukraine issue.

The day and next day are supportive of bullion.

On Friday, a good bullish trend shall be seen in bullion.

In this week, GOLD may cross 1,330 while SILVER may cross 20.30.

The market is supportive till 19^th May 2014.

From 20^th May 2014, bullion shall be in correction mode, which shall last till the 2^nd week of June 2014.
Trading Range / Entry – Exit Levels & Trading Instructions: Only for Members
Industrial Metals
Copper shall be supportive for this week and the next week as well.

Copper can cross 3.10 at any time.

With a stop loss of 2.95, make a long position in Copper.
Trading Range / Entry – Exit Levels & Trading Instructions: Only for Members
Energy Products

Crude Oil

Crude Oil is expected to be volatile for the day. It shall turn positive from the next day.

Till Friday, it shall remain positive.

Crude Oil can go up to $104/bbl.

Buy oil on dips with a stop loss at $98 for the mentioned target.

Natural Gas

NG is expected to trade in a mixed trend.

Buy NG on dips with S/L 4.60 for TGT 4.78.
Trading Range / Entry – Exit Levels & Trading Instructions: Only for Members
Currencies
Euro

EUR/USD is not expected to break 1.3770.

It shall cross 1.39000 any time.

The top will be made in the next week.

Your strategy should be “to buy on dips” for EUR against USD.

Indian Rupee (USD/INR)

USD/INR is not expected to break 59.80. At the higher range, it may touch 61.20.

Dollar Index

The Dollar Index shall remain weak till next week.

It can break 79.30.

US Treasury Bond

Bonds are expected to trade in a mixed trend. Overall, bonds are positive till next week. Buy bonds on dips.

Trading Range / Entry – Exit Levels & Trading Instructions: Only for Members

Indian Stock Market

For today and tomorrow, the Indian stock market shall be in a weak trend.

Another weakness is due this Friday.

Overall, the market is weak till 20^th May 2014.

With a stop loss of 6,780, SELL NIFTY FUT for a target of 6,620 and below.

With a stop loss of 13,300, SELL BANK NIFTY for a target of 12,500.

Trading Range / Entry – Exit Levels & Trading Instructions: Only for Members

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