Trading Strategy for 22nd April 2015

Astrodunia

Global Stock Indices

As expected, US market went down after making a high. S&P500 made a high of 2,105 and then made a low of 2,090. This fall shall continue till next day. S&P500 shall drop to 2,075 or below. You are advised to book 50% profit in short position of S&p500 @ 2075-2070.

Hold rest 50% short position with stop loss 2,106 for target 2,062 & below by next day.

On Friday, recovery is indicated.

TRADING RANGE:

– DOW FUT: 18,020-17,850

-S&P500 FUT: 2,098-2,075

-NASDAQ FUT: 4,455-4,400

-FTSE FUT: 7,060-6,250

-CAC FUT :5,175-5,100

-DAX FUT:12,100-11,950

-HANG SENG:28,050-27,550

-AEX:502-495

 

PRECIOUS METALS

Bullion shall start to trade in positive mode. This shall continue till next day. On Friday, some declining trend may be observed. Again in next week, positive trend is expected. Gold can go up to 1,232 & Silver can cross 17.20 in next week.

At lower levels, you are advised to make long position and book profit by next US-mid-session.

By next day, Gold shall move up to 1,220 & Silver shall move up to 16.60. From Today’s US opening, a positive trend shall be observed.

TRADING RANGE:

-GOLD : 1,193-1,210

-SILVER:15.85-16.40

Copper shall follow the trend in bullion. 

CRUDE OIL

Crude Oil shall be weak till evening. From US opening, it shall move up. Crude Oil June contract shouldn’t breach 55.00$/bbl. In next week, It shall move up to 65.00$/bbl.

If oil drops, you can accumulate long position around 55.50 with stop loss 54.00 for target 64-65.

NATURAL GAS

NG shall be range bound to positive. 

EURO

EUR/USD shall reach 1.0900 by next day. Hold long position for target 1.0900

INDIAN RUPEE (USD/INR)

Buy USD/INR at lower level.

DOLLAR INDEX

By today / tomorrow, it shall trade weak & can drop to 97.00. 

US 10 YR-TREASURY BOND

Bonds shall make a high by next day.

Trading Range:

10 YR- T BOND: 1.92-1.84

INDIAN STOCK MARKET

Indian market shall be volatile to uncertain for the day.

A recovery is indicated as per astrology.

8,350 & 17,930 are key support levels for NIFTY FUT & BANK NIFTY. If these levels aren’t breached, trend can move upward.

TRADING RANGE:

NIFTY FUT: 8,350-8,500

BANK NIFTY: 17,950-18,500

Buy on dips:

L&T

WOCKHARDT PHARMA

BAJAJ HINDUSTAN

NATCO PHARMA

TATA STEEL

SBI

Sell:

RCOMM

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One response to “Trading Strategy for 22nd April 2015”

  1. Siva Avatar
    Siva

    Your prediction on Crude almost came true. You posted this when Crude was at $55/56 and any one would not have thought crude would cross $60 so quickly. It happened but ittle late than you thought.

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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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