Financial Astrology by Rajeev PrakashFinancial Astrology by Rajeev Prakash
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Financial Astrology by Rajeev PrakashFinancial Astrology by Rajeev Prakash
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Prediction Again Right, Review 30th May 2013 Prediction

Today’s letter is here for review. This letter was sent at 07.15 HRS (IST). 

Global Stock Indices:

Volatility shall continue in global stock indices for the day. US market shall recover around closing hours. Owing to this, Asian market shall be positive tomorrow.

Today’s Trading Range:

  • DOW (FUT):15,280-15,340
  • S&P500 (FUT): 1,644-1,655
  • NASDAQ (FUT):2,980-3,022
  • FTSE (FUT):6,660-6,590
  • CAC40 (FUT):3,975-3,940
  • DAX (FUT):8,360-8,290
  •  HANG SENG (FUT):22,420-22,720
  • NIFTY (FUT): 6,045-6,097

VIEW ON PRECIOUS METALS

Precious metals shall recover for the day. Around late US hours, profit booking shall be observed in precious metals. Tomorrow, weakness is indicated for bullion.

Today’s Trading Range:

GOLD:1,403-1,380 (If gold crosses 1,412 then highly bullish)

SILVER:22.85-22.10 (If silver crosses 23.20 then highly bullish)

However, as per astrology, profit booking would be seen at higher levels. Tomorrow, weakness may be observed, which could continue till Monday.

View on Base Metals:

Both side trend shall be seen in base metals. Recovery shall be seen from lower levels.

Today’s Trading Range:

-COPPER:326-330

View On Energy Products:

Today, highly volatile trend is expected in Crude Oil. With stop loss of 92.00, you can make long position for target 95.50. If 92.00 is broken then Oil shall go down to 89.00.

However as per astrology, Crude Oil shall be positive with volatility till Monday.

There’s not much of upper side possible for NG currently. It would be recommended to short NG on higher levels.

After 5th June 2013,  a sharp fall may be observed in NG which may force it to go down to 3.80 & below.

Today’s Trading Range:

-CRUDE OIL: 92.50-95.20

-NATURAL GAS: 4.20-4.15

Currencies:

Some recovery shall be observed in EUR/USD.

A correction is indicated in USD/INR for the day.

It would be recommended to buy USD/INR on dips.

In the month of June, USD/INR can go up-to  57.00-57.50.

Today’s Trading Range:

EUR/USD: 1.2860-1.3020

USD/INR (SPOT):56.30-55.80

 

View on Indian Stock Market:

Today, highly volatile trend shall be observed in Indian stock market due to expiry.

At closing hours, profit booking could be observed.

However, tomorrow shall be positive for Indian market.

Buy Nifty Jun Fut with stop loss 6,040 for target 6,095-6,120. Target for positional traders – 6,240.

Buy Bank Nifty Jun Fut with stop loss 12,600 for target 12,850-12,900. However, positional traders can hold Bank Nifty Jun fut with s/l 12,600 for target 13,200.

As per astrology, market shall be bullish till 15th June 2013 and Nifty won’t break 5,900 and could touch 6,200-6,340 by 15th June 2013.

BUY ON DIPS:

  • TATA MOTORS
  • ADANI ENTERPRISES
  • RELIANCE INDUSTRIES
  • ICICI BANK S/L 1180
  • TATA COMMUNICATION
  • HPCL
  • IOC
  • APOLLO TYRES

SELL (INTRA-DAY):

  • DLF
  • ONGC
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