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

 27th 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, Silver@33.48, Crude@89.45, 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 3rd 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 27TH SEPT ’12)

COPPER: 3.68-3.74

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

GOLD: 1740-1762

SILVER: 33.55-34.40

TRADING RANGE OF CURRENCY (FOR 27TH 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 27TH 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 – 27th 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.

Disclaimer: This is only an indicative report and not to be considered as live trading calls.  This is meant for educational purpose only.

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rajeev prakash financial astrology

Mr. Rajeev Prakash

Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.