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Weekly REPORT of 2nd to 6th DECEMBER 2013
2nd – 6th December 2013
Weekly Newsletter
Global Stock Indices:
GLOBAL STOCK INDICES:
• In this week, Mercury shall enter in Scorpio on 1st December 2013. Venus shall enter in
Capricorn on 5th December 2013. Global stock markets shall be volatile to bearish on
Monday and Tuesday while positive on Wednesday and Thursday. Again, weakness is
expected in stock market on Friday.
• Weekly Range of S&P500: 1,790-1,815
Day-wise analysis of stock market:
– Monday: The first half of Asian market shall be highly volatile but second half shall be
positive. UK market shall be volatile to positive. But correction is indicated in US market.
– Tuesday: With heavy volatility, weakness is indicated in Asian, UK and American market. US
shall have negative opening. However, closing in American market could be positive.
– Wednesday: Asian market shall be volatile to positive. UK & US market shall also be positive.
– Thursday: Asian market shall have positive opening. After opening, heavy volatility is
expected but closing shall be positive. UK and US market shall be positive as well.
– Friday: Asian market shall be negative. Correction is indicated in UK and US market. Sell
S&P500 on rise.
Trading Tips: Around 1,790-1,785, cover short position in S&P500 and add long position around
1,790-1,785 for target 1,810 by Thursday’s night / Friday morning.
Today’s Trading Range:
– DOW(FUT):16,100-16,020
– S&P500(FUT):1,812-1,795
– NASDAQ(FUT):3,495-3,460
– FTSE100(FUT):6,620-6,680
– CAC40(FUT):4,260-4,305
– DAX(FUT):9,370-9,420
– HANG SENG (FUT):22,780-23,160
– NIFTY(SPOT):6,120-6,220
PRECIOUS METALS:
Last week, Bullion made low on 25th November 2013 (1,230 -GOLD, 19.55 -SILVER). These lower levels
are the major support for bullion. On Friday, as we said that precious metals would trade in positive
direction from 18.00 HRS (IST). Gold made a high of 1,255 while Silver made a high of 20.10. On
Monday and Tuesday, bullion shall be somewhat weak however positive on Wednesday and Thursday.
From Tuesday’s late US hours, any time, a sharp upward move is indicated.
In this week, GOLD can cross 1,260 while Silver can cross 20.50.
Day-wise analysis:
-Monday: Opening – 13.00 HRS (IST): volatile to positive. A good recovery is indicated between 11.00-
11.30 HRS IST.. 13.00 – 22.00 HRS (IST): sharp correction is indicated. After 22.30 HRS(IST), a
recovery is indicated.
-Tuesday: Opening – 14.30 HRS (IST): volatile to positive. From 15.00 HRS (IST) – 17.00 HRS (IST),
sharp correction is indicated. 20.00 HRS (IST) to closing, a “fast” recovery shall be observed in price of
precious metal(s).
-Wednesday: This day is positive. From 19.00 HRS (IST) – 22.00 HRS iST), a correction is indicated. And
then from 22.00 HRS (IST), it shall turn positive.
-Thursday: From opening to 16.30 HRS (IST), precious metals shall be positive. From 16.30 HRS (IST),
a correction is indicated. And from 21.00 HRS (IST), a recovery is indicated. Closing could be positive.
-Friday: Opening – 17.00 HRS (IST) : positive. And from 18.00 HRS (IST), a correction is indicated.
Technically, it should be noted that when GOLD & SILVER trading above 1,262, 20.50 shall be treated
as buying signal.
TODAY’S TRADING RANGE:
– GOLD:1,258-1,236
– SILVER:20.10-19.60
View on Base Metals:
Base metals shall trade similar to precious metals.
Today’s Trading RANGE:
Copper:3.23-3.18
View On Energy Products:
CRUDE OIL& NG
Crude Oil shall trade in negative direction for Monday, Tuesday and Friday while it should
trade in positive direction for Wednesday and Thursday. It is recommended to short Crude
Oil on rise.
– NG shall have mix trend this week.
Today’s Trading Range:
– CRUDE: 93.80-91.80
– NG: 3.90-4.00
Currencies:
EUR/USD shall have mix trend this week.
TODAY’S TRADING RANGE:
– EUR/USD: 1.3625-1.3540
– USD/INR(SPOT): 62.20-62.80
– DOLLAR INDEX:80.50-80.80
View on Indian Stock Market
Today, Indian stock market shall be highly volatile till 11.00 HRS (IST). And then upto
12.30 HRS (IST) & 13.00- Closing : positive trend shall be seen.
Today’s Trading Range:
– NIFTY (FUT): 6,180-6,250
– BANK NIFTY: 10,950-11,300
BUY ON DIPS:
– L&T
– YES BANK
– TATA MOTORS
– ADANI ENTERPRISES
– BHEL
– TATA MOTORS
– KTK BANK
Day-wise analysis:
– Tuesday: 09.00-14.00 HRS (IST):highly volatile; 14.00 – closing: a correction is indicated.
– Wednesday: 09.00-10.45 HRS (IST): positive; 14.00- Closing: positive.
– Thursday: Positive opening is indicated. After opening, correction is possible till 13.30 HRS
(IST). Again from 14.00 HRS (IST), positive trend shall be seen.
– Friday: Bearish opening is indicated. Friday shall be a “bearish day” for the Indian stock
market.
(Updated at : 01/12/2013 12:00:33 a12/p12 (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. HAPPY TRADING!!!!
Integrate Market Timing in your Portfolio
Mr. Rajeev Prakash
Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.
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