View for 3rd July 2014

Stock Markets Around the globe
Global markets shall be supportive in first half. Profit booking may be observed in second half.
Tomorrow as well, weakness may be seen.
After US non-farm roll pay data announcement, correction may be seen in American market.
You are advised to book profit in DOW, NASDAQ, S&P500 before the data’s announcement.

ENERGY PRODUCTS
CRUDE OIL
Crude Oil shall continue in weakness.

PRECIOUS METALS
Owing to data, price of Gold and Silver shall have volatility.
After announcement of non-farm pay roll data, declining trend is seen. This correction may continue till next day.
This correction shall continue for next week as well.
Gold can drop to 1,290-1,280 in this time while Silver could drop to 20.30-19.80.
Book profit in your long position before data announcement.
BUY PUT OPTION 1,300 GOLD & 20.50 SILVER (PUT OPTION).

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash