Stock Markets Around the Globe: Key Insights and Recommendations

Stock Markets Around the globe

By tomorrow, a high would be made in the stock market.

Tomorrow, you are advised to make short position.

S&P500 JUN FUT may go up to 1,920.

PRECIOUS METALS

Weakness shall continue in bullion with volatility.

DO NOT LONG BULLION TILL 6^TH JUNE 2014.

TRADING RANGE:

– GOLD: 1,275-1,250

– SILVER: 19.40-18.80

Industrial Metals

Hold short position in Copper.

Trading Range:

– COPPER: 3.18-3.14

ENERGY PRODUCTS

CRUDE OIL

Hold short position in Crude Oil. Any time, sharp fall may be observed till 30^TH May 2014.

With stop loss of $106/bbl, hold short position for target $100 & below /bbl.

NATURAL GAS

Make long position in NG at lower levels for intra-day position. Upper level could be 4.60 at the most.

CURRENCIES

EURO

BUY EUR/USD at lower level. EUR/USD shall be positive till the weekend.

Buy EUR/USD with s/l 1.3600 for target 1.3750-1.3800

INDIAN RUPEE (USD/INR)

SELL USD/INR at higher levels.

DOLLAR INDEX

Any time, sharp decline shall start from today.

US 10-YR TREASURY BOND

Sharp decline may be observed any time – today or tomorrow, for American 10-year Treasury bond.

You are advised to make a short position at a higher level.

INDIAN STOCK MARKET

Highly

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