Stocks, bullion and oil for week beginning 16th May 2018

Global Equity Indices

Last week, the market closed slightly downward concerning air strike in Syria. In the current week, market shall be positive from Monday until Wednesday’s first half. It shall U-turn U-turn from higher levels on Wednesday. On Thursday, trend shall be negative. On Friday, recovery is expected from the lower level and closing shall be positive.

Next Monday and Tuesday are again positive.

Strategy: Remain buy at dips today. You can book profit by next day’s closing. On Wednesday, you can build a short position. On Thursday, it is advised to cover the short position. On Friday, you may again buy.

Following stocks shall be highly positive in US market (especially APPLE):

  • APPLE
  • AMAZON
  • FACEBOOK
  • BANK OF AMERICA

Indian Stock Market

Indian market shall be positive until Wednesday. It is advised to buy on dips. On Thursday, the market may behave negatively. On Friday, recovery is expected from lower levels.

Precious Metals

In this week, Gold and Silver shall be positive till Wednesday; it is advised to buy bullion at dips. From 19th, trend shall turn unfavorable.

Trading range, level, stop loss & target: only for members.

Crude Oil

In the current week, the trend is positive until Wednesday. On Thursday-Friday, mixed to a downward trend is expected.

Trading Range, Stop-loss, target, support & resistance:: ONLY FOR MEMBERS

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