Weekly Newsletter

Global Stock Indices:
This week, according to planetary position, some weakness is indicated in stock and commodities market from Monday. From Tuesday (26th November 2013), recovery is indicated in stock market. Positive trend shall be seen from 27th. With volatility, this shall continue till Friday.
Buy on dips: S&P500. This week, S&P500 shall be seen trading between 1,790 – 1,820 +.

Day-wise analysis:
25th November 2013: Asian and European market shall be slightly positive. But in US market, profit booking is indicated at higher level. Buy S&P500 on dips.
26th November 2013: Asian market shall have positive opening. Closing shall be positive as well. US and UK market shall also be positive on 26th.
27th November 2013: Asian market shall have positive opening and close bullish. UK shall also close bullish. US market shall have positive opening. However, profit booking is indicated in American market in closing hour(s).
28th November 2013: Asian market shall have some bearish trend in first half. However, closing should be positive. UK shall also be volatile to positive. US market shall be closed.
29th November 2013: Asian market shall have positive opening & closing . UK and US market shall also be positive.
Today->Monday
VIEW: Market shall be highly volatile and slightly positive.
Today’s Trading Range:
DOW(FUT):16,060-15,980
S&P500(FUT):1,806-1,592 (BUY @ LOWER LEVEL)
NASDAQ(FUT):3,445-3,402
FTSE100(FUT):6,650-6,690
CAC40(FUT):4,240-4,280
DAX(FUT):9,190-9,235
HANG SENG (FUT):23,520-23,860 (HOLD LONG POSITION FOR TUESDAY)
NIFTY(SPOT):5,940-6,090

PRECIOUS METALS:
Precious metals shall be experiencing some weakness on Monday (25th November 2013). Recovery shall be seen from 26th with some volatility. However, from 27th, bullion shall enter in “bullish” phase up to few weeks.
Major support for GOLD: 1,236 (If breaches 1,236 then shall drop to 1,210 while if it crosses 1,275 then it shall cross 1,320)
Major support for SILVER: 19.70 (If breaches 19.70 then shall drop to 19.50 while if it crosses 20.20 then it shall lead to 21.50+).
As per astrology, you can buy bullion at lower levels on 26th and hold long position up-to Friday.
From 27th November 2013, market shall enter in an instant “bullish” period.
Monday’s view: Bullion shall be volatile till 16.00 HRS (IST). Then on wards and upto 18.00 HRS (IST), declining trend shall be seen. From 18.00-22.00 HRS (IST), slight recovery is indicated. And then upto closing, declining trend shall be observed. It should be noted that on Tuesday, Bullion shall be positive around Asian market hours.
TODAY’S TRADING RANGE:
GOLD:1,255-1,235
SILVER:20.10-19.70
View on Base Metals:
Copper and base metals shall be volatile to positive for this week (especially from Tuesday).
This week, Copper can go above 3.30.
Today’s Trading RANGE:
Copper:3.18-3.22

View On Energy Products:
CRUDE OIL& NG
Crude Oil & NG shall be volatile to positive (especially from 26th November 2013).
In this week, CRUDE can cross 97.50 while NG can try to reach up to 3.90.
On Monday, mix trend shall be seen in Crude & NG.
Today’s Trading Range:
CRUDE: 95.60-93.80
NG: 3.82-3.72
Currencies:
EUR/USD shall be somewhat negative on Monday. However from Tuesday, it shall enter in positive trend. Throughout the week, EUR/USD shall be positive.
In this week, EUR/USD can cross 1.3650.
Weekly Range of USD/INR:62.00-63.40.
Dollar index shall trade upward on Monday. From 26th, we shall be observing a negative trend in dollar index. With ups and downs, dollar index shall continue to fall up-to Friday.
On Tuesday, you can short dollar index at upper level.
TODAY’S TRADING RANGE:
EUR/USD: 1.3580-1.3480 (BUY @ LOWER LEVEL FOR TGT 1.3650)
USD/INR(SPOT): 62.40-62.90
DOLLAR INDEX: 80.60-81.20

View on Indian Stock Market
Today, Indian stock market shall be highly volatile but slightly positive.
On Tuesday, bullish trend shall be observed.

Today’s Trading Range:
NIFTY (FUT): 5,980-6,080
BANK NIFTY: 10,620-10,850

On Monday, due to state elections, our office shall not be available for service.
BUY:
TVS MOTORS
CAIRN INDIA
MARUTI
TATA MOTORS
BATA
JUBILANT FOOD
NESTLE
MCDOWELL

–This newsletter was sent on 24th November 2013 (18:30 HRS IST)