PRECIOUS METALS

A trend reversal is expected in bullion which shall continue till next day.
On Monday again, a correction is indicated. Between Tuesday & 19th March 2015, a good positive trend shall be observed.
From 20th March 2015, it shall enter in bearish cycle.

Global Stock Indices
Stock market shall continue in uncertainty till next day. Recovery may be seen in S&P500 from lower levels.
From 17th to 19th March 2015, a good positive trend is indicated for global stock indices. You are advised to cover short position in S&P500 @2040-2041 & long small quantity of S&P500.

INDIAN STOCK MARKET
Indian market shall be in mix trend.
Short Nifty Fut with s/l 8,820.
At lower levels, buy Nifty Fut @8,730 with s/l 8,680.
TRADING RANGE:
– NIFTY FUT: 8,700-8,810
– BANK NIFTY: 18,900-19,400
BUY ON DIPS:
– CENTURY TEXTILE
– ARVIND MILLS
– SESA STERLITE
– KALYANI STEEL
– SBI
– YES BANK
– PNB
SELL:
– M&M