12^th – 16^th November 2012

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Important Update:

Gold & Silver have climbed to the stairs for the “NEW” bull run from 7^th November 2012 (after the correction to 1671 for Gold & 30.40 for Silver respectively).  In Indian MCX, Gold bottomed out @ 30,400 while Silver bottomed out @57,800. This bullishness will continue with volatility for next 20 months.

By 2014 April, I expect Gold to climb above 3,000$/Oz and Silver above 75$/Oz.  I will not be really surprised if Silver crosses 100$/Oz.

At present, right from 15^th November 2012, Gold and Silver will have a sharp upward rally till 19^th November 2012.

After small profit booking, it’ll continue bullishness till 26^th November 2012.

A very good rise is expected in Bullion after 25^th December 2012.

Gold & Silver shall make new ALL TIME HIGH by mid-February 2013. Expected date is : 3^rd/8^th February 2013.

Short term target for MCX Gold is 32,500. After that it’ll have a correction and then followed by a bull run which will lead the yellow precious metal to 33,000+.

Similarly, Silver is expected to cross 64,000 in short term. After that, it shall have a healthy correction and then followed by a bull run which will lead Silver to 65,000.

Strategy for this week is : “ BUY ON DIPS”

12-16^th Nov 2012

View for This Week For Bullion

On Monday (12^th Nov’12), mix trend can be observed. But overall it shall be positive.

On Tuesday (13^th Nov’12), volatile but bullish trend is expected.

On Wednesday (14^th Nov’12), it’ll rise and then have profit booking at higher levels.

On Thursday (15^th Nov’12), volatile to bullish trend is expected.

On Friday (16^th Nov’12), volatile to bullish trend is expected.

Our advice is to hold long position of 15^th Nov’12 till 19^th Nov’12. Please do not make short position in Bullion. If there’s a fall by chance, then it’s a chance to make buying position. Please remember that!

View For This WEEK: Industrial / Base Metals

Copper:

This week is volatile for Copper. It’s recommended to buy Copper on dips.

After 15^th Nov’12, good rise is expected in Copper and other base metals.

Buy Copper with stop loss 340.00 for short term target 364.00 and 375.00.

In Indian MCX Market, you can buy copper with stop loss 404.00 for short term target 440.00-464.00

Short term View for Energy Products

Crude Oil:

-Short Term View

Crude Oil is bullish in short term. Buy Oil with stop loss $82.00/bbl for target $104-110/bbl. It can cross 108.

Crude Oil can cross 5,100 in MCX. And it can also touch 5,500.

-Weekly View

12^th Nov’12- volatile for Oil. Buy OIL on dips.

13^th Nov’12- positive for Oil.

14^th Nov’12- positive for Oil. Profit booking can come at higher levels.

15^th Nov’12- volatile to positive.

16^th Nov’12 – positive.

Overview Of Global Stock Indices:

This week, global stock indices are expected to be overall positive. Rise to be seen from 15^th November 2012.

12^th Nov’12 – volatile.

13^th Nov’12- positive.

14^th Nov’12-some weakness possible.

15^th Nov’12- volatile to positive.

16^th Nov’12- volatile to positive.

OVERVIEW OF CURRENCY:

Sell Dollar Index with stop loss 81.10 for target 80.50-80.20 and below in short term.

Buy Euro against USD on dips with stop loss 1.2650 for target 1.2860-1.2950 in this week.

Sell USD against INR on higher levels with stop loss 55.30 for target 54.20-53.60.

In short term, USD/INR can go down to 53.50.

Overview Of Indian Stock Market:

Day-wise analysis for Indian Stock Market:

12^th Nov’12 – volatile. It’ll rise and again profit booking is expected in closing hours.

13^th Nov’12- volatile to positive.

14^th Nov’12-Holiday.

15^th Nov’12- It’ll rise. Some profit booking can come in closing hours.

16^th Nov’12- volatile to positive.

-Yearly Trend Newsletter

ALERT: We have designed a special content that will cover the trend and turning points of Bullion, Stocks, Commodities and Currencies. It will cover the dates when a particular commodity can make high or low. To know more, please e-mail:[email protected].

HAPPY TRADING!!!!

You have to earn a lot to enjoy the new year. So please work hard with us.

(Updated at : 11/11/2012 11:17:00 PM (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.