Predictions for Stock, Commodity and Currency Markets

Global Stock Indices:

Today, global stock indices are expected to be volatile to positive.

Asian, UK and US market shall follow the said trend.

Tomorrow, it can be bearish for Asian, UK and US markets.

 

Today’s Trading Range:

  • DOW (FUT): 15,020-15,120
  • S&P500 (FUT): 1,620-1,638( YOU CAN SHORT S&P500 AT CLOSING HRS FOR TOMORROW)
  • NASDAQ (FUT):2,740-2,778
  • FTSE (FUT): 6,540-6,585
  • CAC40 (FUT): 3,890-3,940
  • DAX (FUT): 8,180-8,290
  •  HANG SENG (FUT):23,050-23,350+ (TODAY YOU CAN BUY PUT OPTION AT CLOSING HR FOR TOMORROW)
  • NIFTY (FUT): 6,030-6,110

VIEW ON PRECIOUS METALS

Today, precious metals shall be volatile to positive (but good rise is possible from US hours).

Precious metals shall be volatile to positive on Friday as well.

Today’s Trading Range:

GOLD: 1,465-1,485 & ABOVE

SILVER: 23.90-24.40 & ABOVE

View on Base Metals:

Copper & Base metals shall be volatile to positive for the day.

A decline may come from tomorrow’s morning (after Asian opening).

Today’s Trading Range:

-COPPER:332-336

View On Energy Products:

Today, Crude Oil is expected to trade volatile to positive.

But weakness is indicated on Friday.

Today, NG is volatile to positive. This trend can continue on Friday.

Trading Range:

-CRUDE OIL:95.20-98.20

-NATURAL GAS: 3.92-4.02

Currencies:

Trading Range:

  • EUR/USD: 1.3080-1.3220
  • USD/INR (SPOT):53.90-54.20

 

View on Indian Stock Market:

Today, Indian stock market shall be volatile to bullish. But tomorrow, market may be bearish.

Trading Range:

Nifty Fut: 6,020-6,110 & ABOVE (IF CROSS 6,110 THEN GO 6,150)

Bank Nifty Fut: 12,450-12,720

BUY:

  • PUNJ LLOYD
  • TATA MOTORS
  • STERLITE
  • HINDALCO
  • YES BANK
  • JP ASSOC.
  • HUL
  • APOLLO TYRES

For details, contact : +91-9669919000 or e-mail: [email protected]

(Updated at : 09/05/2013 7:38:42 AM (IST))

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Mr. Rajeev prakash agarwal financial astrologer

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