Weekly Newsletter: Details ONLY for MEMBERS

Global Stock Indices:

                            

The conjunction of Saturn and Sun shall continue this week. Sun is under “Ashlesha” and Jupiter is under “Adra” nakshtra (in Capricorn Navamansha).  Jupiter shall enter in Aquarius navmansha on 30th July 2013.

Saturn, Rahu shall continue under “Swati” nakshatra.

The first half of week, stock market shall be volatile (with some pressure).

In the second half of the week owing to FOMC meet, big move in either side should be seen.

Our opinion as per astrology is that, in second half, global stock markets shall be positive.

However again, a profit booking is expected on Friday.
S&P500 shall not be breaking 1,668. This week, S&P500 shall remain between the range of (1,6672 – 1,700).

Similarly, Dow Jones has a major support @ 15,400.

Day-wise analysis for global stock market

–          29th July 2013: Asian opening shall be negative. However in second half, market shall recover.

UK market shall trade volatile to bearish. US market shall open negative while closing could also be negative (with some recovery).

–          30th July 2013: Asia, UK & American market shall be volatile to positive.

–          31st July 2013: Gap down opening is expected in Asian market. Again recovery shall be seen in afternoon (IST). US market shall be volatile to positive.

–          1st August 2013: Volatile to positive trend is expected in Asian, American and European market.

–          2nd August 2013: Market shall be volatile. Profit booking to be observed in closing hours (in Asian, European and American markets).

PRECIOUS METALS:

Precious metals traded positive last week.  Despite of Saturn’s conjunction nwith Sun, bullion couldn’t be pressurized. First half of this week, bullion is expected to trade volatile with pressure.

From mid-week, a big move either side shall be seen owing to FOMC.

As far as astrology is concerned, we expect big “upward” move.

We don’t see Gold below 1,300 & Silver shouldn’t be breaking 19.00.

In third week of August (17th August 2013), bullion if crosses 1,360 then shall go up to 1,440 .

Similarly, if Silver crosses 20.60 then shall go upto 21.05-21.20.

DAY-WISE ANALYSIS:

29th July 2013:

 Bullion shall be volatile to positive from 10.00-17.00 HRS (IST).

17.00 – 22.00 HRS (IST) shall be a bearish period.

And from 22.00 HRS (IST), recovery shall be seen.

30th July 2013: 10.00-11.30 HRS (IST) shall be volatile to positive.

11.30- 19.00 HRS (IST): bearish trend is expected.

From 19.00 HRS (IST): some recovery is indicated.

31st July 2013:

Bullion shall be negative from Asian opening (till 21.00 HRS IST).

A good fall is indicated.

From 21.00 HRS (IST), a recovery is expected.

Due to FOMC meeting, heavy volatility is indicated in US hours.

As per astrology, big upward move shall be seen (after FOMC meeting).

1st August 2013:

From opening to 18.00 HRS (IST): volatile to positive trend is expected.

18.00-19.00 HRS (IST): A declining trend may be seen.

From 19.00 – 22.00 HRS (IST) – volatile trend is expected.

From 22.00 HRS (IST)- positive trend is expected.

2nd August 2013:

From 10.00 – 16.00 HRS (IST): volatile to positive trend is expected.

16.00-22.00 HRS (IST)- volatile to negative.

From 22.00 HRS (IST) – Late night: positive trend shall be seen.

View On Energy Products:

–          Crude Oil shall be in declining trend till mid-week. It can go below $101/bbl. After mid of week (from 31st July 2013; late night hrs), crude’s upward move shall start, owing to FOMC.  Crude Oil could cross $108-109 in next 10 – 15 days. We recommend you to long OIL around $100-101/bbl for short term with stop loss below 99.00.

Currencies:

EUR/USD shall trade both sides this week. In the first half of this week,  EUR/USD shall be volatile to negative and then turn positive from Wednesday.

View on Indian Stock Market

29th July 2013: First half shall be volatile to weak. In second half, positive trend is expected.

30th July 2013: Market shall be overall volatile to positive.

31st July 2013: volatile to negative trend is expected.

1st August 2013: volatile to positive trend is expected.

2nd August 2013: volatile to positive trend is expected but profit booking to be observed on higher level.

 

Weakness shall continue in BANK NIFTY this week as well. Your strategy should to be to short Banking sector related stocks and BANK NIFTY.

FURTHER DETAILS:: ONLY FOR MEMBERS.

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash