Sharp fall due in Bullion and Base Metals- Trend 25th sept onwards

25^th September 2012

Today, global stock markets shall be highly volatile to weak.

But recovery is expected to start after US opening.

Trading Range for Today (25 Sept-’12) –Global Stock Indices

è DJIA (DEC-FUTURE): 13,460-13,540

è NASDAQ (DEC-FUTURE): 2,835-2,848

è S&P 500 (DEC-FUTURE): 1,448-1,458

è NIFTY (SPOT): 5,660-5,720

“ALERT: Today global stock indices – bearish with volatility. Market to turn bearish from 11.00 HRS (IST) to 20.45 HRS (IST). Again after 21.00 HRS, good recovery to start, which shall continue till late night.

But please keep alert – tomorrow, a sharp decline is possible”.

TRADING RANGE OF INDUSTRIAL METALS (FOR 25^TH SEPT ’12)

COPPER: 372-380

TRADING RANGE FOR PRECIOUS METAL (FOR 25^TH SEPTEMBER 2012)

GOLD: 1752-1772

SILVER: 33.60-34.30

“ALERT: Today bullion and base metals – bearish with volatility. Bearish from 11.00 HRS (IST) to 20.45 HRS (IST). Again after 21.00 HRS, good recovery to start, which shall continue till late night.

But please keep alert – tomorrow, a sharp decline is possible”

TRADING RANGE OF CURRENCY (FOR 25^TH SEPTEMBER ’12)

è      EUR/USD: 1.2880-1.2970 (IF GOES ABOVE 1.2980 EUR/USD WILL TURN BULLISH FOR 1.3020)

è      USD/INR (SPOT) : 53.20-53.60

è      DOLLAR INDEX: 79.30-79.70

ALERT: TODAY SELL EUR/USD AT HIGHER LEVELS IN LATE NIGHT AND BUY USD/INR AND DOLLAR INDEX FOR NEXT 2 DAYS.

TRADING RANGE OF ENERGY PRODUCTS (FOR 25^TH SEPTEMBER ’12)

• CRUDE OIL: 91.35-92.80-93.50
• NATURAL GAS: 2.82-2.92

(Updated at 07.25 HRS IST – 25^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.