Stock Markets Around the world : Analyzing Trading Ranges

Stock Markets Around the world

Last day, DOW FUT made a low of 16,600 while S&P500 made a low of 1,919. For today, some recovery may be observed. It is advisable to short indices at higher level (for instance- Short S&P500 FUT@ 1,960-1,965, DOW FUT @ 16,850-900. By 18^th October 2014, S&P500 (F) could drop to 1,905-1,880 while DOW(F) could drop to 16,400-16,200). **TRADING RANGE:** – DOW FUT: 16,650-16,880 – S&P500 FUT:1,935-1,962 – NASDAQ FUT:3,960-4,015 – FTSE FUT: 6,410-6,490 – CAC FUT : 4,240-4,330 – DAX FUT: 9,200-9,350 – HANG SENG:22,500-22,780 – AEX:406-413

Stock Markets Around the world : Precious Metals

A sharp decline may be seen in bullion today. Stay away from Gold and Silver for the day. However from 20.30 HRS IST, recovery may be observed. If this mentioned recovery is seen in market then bullion shall start moving up. Otherwise, bullion shall turn positive from Monday. **TRADING RANGE:** – GOLD :1,219-1,204 – SILVER:17.30-16.80

Stock Markets Around the world : Industrial Metals

Mixed trend is expected in Copper. **TRADING RANGE:** – COPPER:3.03-3.05

Energy Products

CRUDE OIL & NATURAL GAS Crude Oil made a low of 89.90. Crude Oil and NG are uncertain for today as well. For once, Crude may drop down to 88/85. **TRADING RANGE:** – CRUDE: 92.50-89.00 – NG:3.88-4.05

Stock Markets Around the worldCurrencies

EURO A sharp correction is expected in EUR/USD today. In the previous trading session, EUR/USD made a high of 1.2690. For today, EUR/USD can break 1.2500. INDIAN RUPEE (USD/INR) HOLIDAY DOLLAR INDEX Dollar Index shall move up for the day. **TRADING RANGE:** – EUR/USD: 1.2680-1.2480 – USD/INR(SPOT):CLOSED – DOLLAR INDEX:85.70-86.50 US 10 YR-TREASURY BOND For today, bonds shall drop. **TRADING RANGE:** – US 10 YR T BOND:2.40-2.52

Indian Stock Market

Owing to Dussehra, the Indian market shall remain closed for the day. On Monday as well, owing to Eid, it’s a holiday. **TRADING RANGE:** – NIFTY FUT:CLOSED – BANK NIFTY:CLOSED

About Rajeev Prakash

Rajeev Prakash is the founder and CEO of AstroDunia. He is a financial astrologer with over 20 years of experience. Shashi Prakash Agarwal is an experienced market timing expert with 12 years of experience in the field. He holds an MBA in Finance from NMIMS Mumbai and an engineering degree in Computer Science. This unique combination of education and experience gives him a unique perspective on financial markets, as well as the ability to analyze market data using advanced computational tools and techniques. Throughout his career, he has demonstrated a deep understanding of financial markets, with a proven track record of success in his field.

Prakash is a leading expert on the use of astrology to predict market movements. He has written several books on the subject, and he is a frequent speaker at financial conferences. Prakash is also a regular contributor to financial publications.