Weekly View for Stock, Commodity, Currency

22^nd -26^th October 2012

This week, global stock indices shall be volatile to bearish till 24^th October 2012. Recovery starts from 25^th -26^th October 2012. Positional investors can make fresh long positions on 25^th after US opening.

Daily Overview:-

·       Monday- weakness can continue. But recovery from lower levels is seen.

·       Tuesday – positive in Asia and Europe. Sharp fall may be seen after US opening / late night.

·       Wednesday – volatile to weak. But Asian market shall be positive. Closing can be bearish.

·       Thursday – market will turn positive. Recovery shall start from then onwards.  Asian & European closing shall be positive.

·       Friday – volatile to positive.

Trading Range (22^nd October 2012) –Global Stock Indices

è DJIA (DEC-FUTURE): 13,255-13,305

è  NASDAQ (DEC-FUTURE): 2,655-2,682

è S&P 500 (DEC-FUTURE): 1,419-1,435

è FTSE 100(FUT): 5,790-5,880

è DAX(FUT): 7,320-7,395

è CAC(FUT): 3,480-3,515

è HANG SENG INDEX (FUT): 21,320-21,480

è NIFTY (SPOT):5,640-5,680-5,710

ASTRO-OUTLOOK ABOUT INDIAN STOCK MARKET (22nd October 2012)

Today – volatile to bearish.

OUTLOOK ABOUT PRECIOUS METAL (22nd October 2012)

This week, market is volatile to bearish till 24^th October 2012. From 25^th October 2012, it’ll recover. Positional investors can buy on 24^th – 25^th for new bullish run.

Monday-volatile to positive but profit booking will be observed in late night.

Tuesday – volatile to positive but sharp correction is possible after US opening / late night.

Wednesday – weakness continue with volatility.

Thursday – Recovery shall start for next 15 days with volatility.

Friday –volatile to positive.

TRADING RANGE OF PRECIOUS METALS (22nd October 2012)

GOLD: 1717-1730-1732

SILVER: 31.88-32.40-32.70

TRADING RANGE OF INDUSTRIAL METALS (22nd October 2012)

COPPER: 3.59-3.69

TRADING RANGE OF CURRENCY (22nd October 2012)

è      EUR/USD: 1.3015-1.3070-1.3090

è       USD/INR (SPOT) :53.60-54.40 (This week is bullish for USD/INR and it can cross 54.50 and can also touch 55 so please maintain your buying position in USD against INR with STOP LOSS 53.40)

è      DOLLAR INDEX: 79.70-79,40

TRADING RANGE OF ENERGY PRODUCTS (22nd October 2012)

• CRUDE OIL: 89.80-92.00-92.50
• NATURAL GAS: 3.58-3.64

ALERT: POSITIONAL TRADERS CAN MAKE FRESH LONG POSITIONS FROM 25^TH OCTOBER 2012 FOR NEXT 15 DAYS.

(Updated at 07.22 HRS (IST) – 22nd October 2012- Indore, India)

Please note that this is an indicative report only and not live trading calls. Our specialty is ‘LIVE TRADING CALLS’. Kindly contact us if you want to add the advantage of ‘financial astrology’ to your portfolio.