As anticipated, US market went down after making a excessive. S&P500 made a excessive of two,105 after which made a low of two,090. This fall shall proceed until subsequent day. S&P500 shall drop to 2,075 or beneath. You’re suggested to ebook 50% revenue briefly place of S&p500 @ 2075-2070.

Maintain relaxation 50% brief place with cease loss 2,106 for goal 2,062 & beneath by subsequent day.

On Friday, restoration is indicated.

TRADING RANGE:

– DOW FUT: 18,020-17,850

-S&P500 FUT: 2,098-2,075

-NASDAQ FUT: 4,455-4,400

-FTSE FUT: 7,060-6,250

-CAC FUT :5,175-5,100

-DAX FUT:12,100-11,950

-HANG SENG:28,050-27,550

-AEX:502-495

Bullion shall begin to commerce in constructive mode. This shall proceed until subsequent day. On Friday, some declining development could also be noticed. Once more in subsequent week, constructive development is anticipated. Gold can go as much as 1,232 & Silver can cross 17.20 in subsequent week.

At decrease ranges, you’re suggested to make lengthy place and ebook revenue by subsequent US-mid-session.

By subsequent day, Gold shall transfer as much as 1,220 & Silver shall transfer as much as 16.60. From Right now’s US opening, a constructive development shall be noticed.

TRADING RANGE:

-GOLD : 1,193-1,210

-SILVER:15.85-16.40

Copper shall comply with the development in bullion. 

CRUDE OIL

Crude Oil shall be weak until night. From US opening, it shall transfer up. Crude Oil June contract shouldn’t breach 55.00$/bbl. In subsequent week, It shall transfer as much as 65.00$/bbl.

If oil drops, you may accumulate lengthy place round 55.50 with cease loss 54.00 for goal 64-65.

NATURAL GAS

NG shall be vary certain to constructive. 

EURO

EUR/USD shall attain 1.0900 by subsequent day. Maintain lengthy place for goal 1.0900

INDIAN RUPEE (USD/INR)

Purchase USD/INR at decrease degree.

DOLLAR INDEX

By at present / tomorrow, it shall commerce weak & can drop to 97.00. 

US 10 YR-TREASURY BOND

Bonds shall make a excessive by subsequent day.

Buying and selling Vary:

10 YR- T BOND: 1.92-1.84

INDIAN STOCK MARKET

Indian market shall be unstable to unsure for the day.

A restoration is indicated as per astrology.

8,350 & 17,930 are key help ranges for NIFTY FUT & BANK NIFTY. If these ranges aren’t breached, development can transfer upward.

TRADING RANGE:

NIFTY FUT: 8,350-8,500

BANK NIFTY: 17,950-18,500

Purchase on dips:

L&T

WOCKHARDT PHARMA

BAJAJ HINDUSTAN

NATCO PHARMA

TATA STEEL

SBI

Promote:

RCOMM

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