Stock market and forex for 22nd February 2018

Astrodunia

Global Equity Indices

As predicted already, the market took some recovery on Wednesday and declined. We had advised you to build positional short in DOW March contract @ 25500. It has dropped around 1,000 points. 24,600 was the low made. Also a short was advised in S&P500 March contract @ 2730. A low of 2683 has been made by S&P500. NASDAQ March contract was made around 6825; it is currently trading at 6698.

 

EUR/USD

It is advised to buy EUR/USD @ lower level.

USD/INR

It is advised for positional traders to buy 50% USD/INR with S/L 64.60 for target 65.50-66.00. Earlier, we were long in USD/INR @ 63.80.

DOLLAR INDEX

Dollar index made a high of 90.20 in the previous session. Our target has been hit. It is advised to cover long position and enter into short position (50% @ CMP and rest @ 91.00).

GBP/USD

It was advised to short USD/GBP @ 1.4000. We have booked 50% profit in USD/GBP @ 1.3900. It can drop to 1.3800 or lower. Hold rest position for target 1.3800 or lower.

USD/JPY

We advised you to short USD/JPY @ 107.50. Above 108.00, you can add a short position for target 106.

INDIAN STOCK MARKET

We are short on Nifty @ 10400 and Bank Nifty @ 24960-25000. We also have STBT in the following stocks:

  • PNB
  • FORTIS @ 157
  • DLF @ 225
  • SBI

Market shall open gap down & remain weak.

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Mr. Rajeev prakash agarwal financial astrologer

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.

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