GLOBAL STOCK INDICES In the last daily newsletter, it was mentioned that markets would open lower on Monday. S&P500 closed at 2878 on Friday and today, a low of 2853 has been made. Market shall be bearish for today and tomorrow. It can drop down to 2825-2820. It has major support at 2800 which if […]
Part of Newsletter sent on 13th May 2019 Read More »
In the previous week’s newsletter, it was mentioned that the trade war between the US and China would continue. Yesterday, Trump has threatened additional tariff on Chinese goods worth $200 billion and may extend the scope later. Here onwards, global slow down starts. This may continue till June 2019. In this time frame, S&P500 May
Trade war continues between USA and China as predicted Read More »
Global Stock Indices American markets closed negative in the previous session. S&P500, DOW, and NASDAQ made lows of 2917, 26361 and 7778 respectively. Today as well, weakness is possible. Japan will remain closed from 27th April to 3rd May 2019. Chinese markets will remain closed from 1st May to 3rd May 2019. On 30th April,
26 April 2019: View on global and Indian markets Read More »
Indian market witnessed a sharp selling in the previous session. Last Thursday, we asked you to make STBT in Nifty, Bank Nifty and stocks (YES BANK, SBI, AXIS BANK, BANK OF INDIA, RELIANCE INDUSTRIES, HINDALCO and DLF). A considerable profit was made in the previous session. The market may remain mixed to negative for today
23 April 2019: The prediction on Indian stock market Read More »
Global Stock Indices In the previous session, US market closed positive. S&P500 made a high of 2875. Today, it is the alignment of Moon-Mercury, Mercury-Venus and Mercury-Neptune. Today, trend will be highly uncertain. Next day, Mercury will change house in navmansha. With a margin of +/- 1 day, we are expecting a correction in equities.
The trend reversal in equities Read More »