Stock Market and SnP for 30th April 2014

Stock Markets Around the globe

Today, Asian market is expected to be in uncertain trend.

But positive trend is possible from UK opening, in Asian market.

UK market shall open in positive trend and close in negative trend.

But the day after, it shall be positive.

Make long position in Asian market for next day.

In US market, trend is highly volatile.

Around the US GDP, American market shall decline.

However from the FOMC, American market shall bounce back to higher levels.

This positivity shall continue for next day as well.

S&P500’s lower levels could be around 1,850-1,860.

You are advised to cover short position there.

After GDP announcement (at lower level), make long position in S&P500.

After FOMC announcement, S&P500 could try to reach 1,880-1,885 *JUN FUT in a few days. Hold long position for the said target.

Tonight, US shall close positive and remain positive for next day as well.

PRECIOUS METALS

Bullion is expected to be highly volatile.

From this evening and up to Friday, it shall remain in upper side.

Sent to Customers @ 07.00 HRS IST {30TH APRIL 2014}