12th – 16th November 2012
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Important Update:
Gold & Silver have climbed to the stairs for the “NEW” bull run from 7th 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 15th November 2012, Gold and Silver will have a sharp upward rally till 19th November 2012.
After small profit booking, it’ll continue bullishness till 26th November 2012.
A very good rise is expected in Bullion after 25th December 2012.
Gold & Silver shall make new ALL TIME HIGH by mid-February 2013. Expected date is : 3rd/8th 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”
12-16th Nov 2012
View for This Week For Bullion
On Monday (12th Nov’12), mix trend can be observed. But overall it shall be positive.
On Tuesday (13th Nov’12), volatile but bullish trend is expected.
On Wednesday (14th Nov’12), it’ll rise and then have profit booking at higher levels.
On Thursday (15th Nov’12), volatile to bullish trend is expected.
On Friday (16th Nov’12), volatile to bullish trend is expected.
Our advice is to hold long position of 15th Nov’12 till 19th 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 15th 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
12th Nov’12- volatile for Oil. Buy OIL on dips.
13th Nov’12- positive for Oil.
14th Nov’12- positive for Oil. Profit booking can come at higher levels.
15th Nov’12- volatile to positive.
16th Nov’12 – positive.
Overview Of Global Stock Indices:
This week, global stock indices are expected to be overall positive. Rise to be seen from 15th November 2012.
12th Nov’12 – volatile.
13th Nov’12- positive.
14th Nov’12-some weakness possible.
15th Nov’12- volatile to positive.
16th Nov’12- volatile to positive.
BUY S&P 500 on dips with STOP LOSS 1365.00 for TARGET 1415-1425 in this week.
Till December, S&P 500 can cross 1465.00.
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:
In the Indian stock market, you can make buying position on dips.
In short term, Nifty can cross 6,000 while Bank Nifty can cross 12,200.
Buy: Balrampur Chini, Dena Bank, ICICI Bank, SBI, TATA STEEL, JP ASSOC., GBK POWER, LITL, TVS MOTORS, ASHOK LEYLAND, TATA MOTORS, DLF for Short Term.
Day-wise analysis for Indian Stock Market:
12th Nov’12 – volatile. It’ll rise and again profit booking is expected in closing hours.
13th Nov’12- volatile to positive.
14th Nov’12-Holiday.
15th Nov’12- It’ll rise. Some profit booking can come in closing hours.
16th 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:astrodunia@gmail.com.
HAPPY TRADING!!!!
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(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.
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