Stock Markets around the Globe

Today, global markets shall be volatile to dull. Closing could be bearish. However in US market, U turn is indicated in second half.

Major indices shall turn positive for tomorrow and are expected to be bullish on Monday.

It is recommended to BUY S&P500 on dips.

TRADING RANGE:: ONLY FOR MEMBERS

 PRECIOUS METALS

Last day, precious metals couldn’t move up. It is recommended to buy GOLD with s/l 1,215 & silver with s/l 19.20.

TRADING RANGE:

• GOLD: 1,218-1,240
• SILVER: 19.30-20.00

Indian Stock Market

Today, Indian stock market shall be highly volatile and closing may be bearish.

Market shall turn positive from tomorrow.

TRADING RANGE:

• NIFTY(FUT): 6,250-6,150
• BANK NIFTY: 11,200-10,950

BUY:

-RANBAXY

-CENTURY TEXTILES

-ARVIND MILLS

-RELIANCE INDUSTRIES

SELL AT HIGHER LEVEL:

– TATA STEEL

-YES BANK

– AXIS BANK