Sharp fall on 26 as predicted, now what to expect in Bullion.

 27^th September 2012

Our lower side targets were hit yesterday. Gold & Silver went down to 1738, 33.45. Similarly, Dollar Index went up to 79.90 and Copper went down to 3.69, EUR/USD made low of 1.2838.

The bearish trend had already been indicated on our websites and reports.

Last night, we bought Gold @1739, [email protected], [email protected], EUR/USD @1.2840, S&P 500@1429.

Today, bullions and other base metals are highly volatile. But metals & global stock indices are ready for big breakout (to upper level) in coming days.

In coming days, as per our view, Gold can cross $1810 while Silver can cross $36 and above. EUR/USD can go up to 1.3170. We see Copper at 3.84 and above. And S&P500 can go up to 1475 and above.

Highly bullish market is expected to be observed specially from 3^rd October 2012 onwards.

You can sell Dollar Index on higher levels for target 78.80 in coming days.

Trading Range for Today (27 Sept-’12) –Global Stock Indices

è DJIA (DEC-FUTURE): 13,340-13,420

è NASDAQ (DEC-FUTURE): 2,768-2,795

è S&P 500 (DEC-FUTURE): 1,428-1,442

è NIFTY (SPOT): 5,620-5,690

TRADING RANGE OF INDUSTRIAL METALS (FOR 27^TH SEPT ’12)

COPPER: 3.68-3.74

TRADING RANGE FOR PRECIOUS METAL (FOR 27^TH SEPTEMBER 2012)

GOLD: 1740-1762

SILVER: 33.55-34.40

TRADING RANGE OF CURRENCY (FOR 27^TH SEPTEMBER ’12)

è      EUR/USD: 1.2836-1.2970

è      USD/INR (SPOT) : 53.90-53.40

è      DOLLAR INDEX: 79.90-79.60

TRADING RANGE OF ENERGY PRODUCTS (FOR 27^TH SEPTEMBER ’12)

• CRUDE OIL: 89.40-92.00
• NATURAL GAS: 3.24-3.15

ALERT: BULLION, S&P 500, COPPER AND OTHER BASE METALS MAKE NEW HIGH WITHIN 10 DAYS.

Indian Stock Market

Today, Indian Stock Market is highly volatile but you should buy Nifty, Bank Nifty at lower levels and hold for target: 5850-5900 (Nifty Oct Fut) & 11,800-12,000(Bank Nifty –Oct Fut).

You can also buy Dena Bank, LITL, Kingfisher, Jet Airways, JP Assoc., Reliance Infra, HDIL, Century Textiles, L&T, BHEL, Reliance Capital for short term. Great profit is possible.

(Updated at 07.19 HRS IST – 27^th September 2012)

Please note that this is an indicative report only and not live trading calls. Our specialty is ‘LIVE TRADING CALLS’. Kindly contact us if you want to add the advantage of ‘financial astrology’ to your portfolio.