The trend of Bullion in mid January 2013

Global Stock Indices:

Today, global stock indices are expected to be highly volatile to positive.

Today, if S&P 500 comes up to 1,465, book 50% of your long positions here.

 

Trading Range (9th January 2013)

  • DOW (FUT): ONLY FOR MEMBERS
  • S&P 500(FUT): ONLY FOR MEMBERS
  • NASDAQ(FUT):ONLY FOR MEMBERS
  • FTSE (FUT): ONLY FOR MEMBERS
  • CAC40 (FUT): ONLY FOR MEMBERS
  • DAX(FUT): ONLY FOR MEMBERS
  • HANG SENG IDX(FUT): ONLY FOR MEMBERS
  • NIFTY(SPOT): ONLY FOR MEMBERS

US Stock Market (Stock-wise):

HOLD THE FOLLOWING STOCKS TILL FRIDAY: GOOGLE, MICROSOFT CORP., GENERAL ELECTRIC, FORD MOTORS, APPLE & BANK OF AMERICA.

Precious & Industrial Metals:

Today, precious metals are highly volatile.

Some pressure or decline can come in Bullion from UK opening. This pressure can last till 16.00 HRS (IST).

But again rise shall be seen from US opening. This shall continue till late night.

Technically, positional stop loss for Gold shall be 1,640 while that for Silver should be 29.60 for long positions.

Intra-day stop loss to be used for Gold is 1,650 while that for Silver is 29.85.

ABOVE 1,667 GOLD CAN GO TO 1,675-1,684+.

ABOVE 30.60, SILVER CAN GO TO 31.50+.

 

TRADING RANGE (9th January 2013):

  • GOLD:ONLY FOR MEMBERS
  • SILVER: ONLY FOR MEMBERS
  • COPPER:  ONLY FOR MEMBERS

Energy Products:

Crude Oil is volatile to positive for the day while Natural Gas is volatile for the day.

Trading Range (9th January 2013)

  • CRUDE OIL: ONLY FOR MEMBERS
  • NATURAL GAS: ONLY FOR MEMBERS

MCX

Today, precious metals are highly volatile.

Some pressure or decline can come in Bullion from UK opening. This pressure can last till 16.00 HRS (IST).

But again rise shall be seen from US opening. This shall continue till late night.

Technically, positional stop loss for Gold shall be 30,800 while that for Silver should be 57,500 for long positions.

Intra-day stop loss to be used for Gold is 30,800 while that for Silver is 57,700.

Above 58,500, Silver can go to 58,900-59,400.

Silver will turn Highly bullish if crosses 59.500.

In afternoon session, it’ll be very volatile. So please keep alert.

Copper above 447 can go to 454+.

Buy ZINC @……with stop loss ………..for target ……

Buy Lead @……with stop loss …… for target……….

Nickel above 948 can go to 962-970.

Aluminum above 110.40 can go to 113.00-114.50

Currencies:

Trading Range (9th January 2013):

  • EUR/USD:ONLY FOR MEMBERS
  • USD/INR (SPOT):ONLY FOR MEMBERS

Indian Stock Market:

Today, Indian stock market is highly volatile to positive.

Trading Range(9th January 2013):-

  • Nifty Fut (JAN):6,000-6,060
  • Bank Nifty Fut (JAN): 12,750-12,890-12,950

BUY: .RCOMM, RELIANCE CAPITAL, RELIANCE INFRA, INDUSLND BANK, SYNDICATE BANK, YES BANK, HAVELLS, EXIDE.

(Updated at : 09/01/2013 7:58:59 AM (IST))

Disclaimer: The above calculations are based on astrology and technical analysis. This is an indicative report only and not to be considered as live trading calls, which is a proprietary service by our team. This report is meant for educational purpose only.

HAPPY TRADING & HAPPY NEW YEAR!!!

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash