Indian stock market in “danger zone”

A sharp decline is expected in Indian stock market , following asset class are more prone to decline- Bank Nifty,Nifty,Stock Asian Paints,Bata India,Axis Bank,Icici Bank,Dish Tv,Yes Bank. We nailed the low in US 10yr yield @2.35 ,Gold(cash) is a great buying opportunity @1265-1271, Crude Oil precisely achieved the upside target of 62.28 &  is near to major trading top, S&P Activated the magnet of 3063, in case you are long in s&p stay alert around 2nd week of May,2019, Coffee is an excellent buy @78.78,Copper is heading to 3.07 by 1st week of May ,eurousd long term outlook is extremely promising with upside target of 1.3120 it wont be able to give a daily close below 1.0672 in entire 2019 & is a great buy @1.0906-1.1042, Nifty is bound to fall to 11221,Bank nifty is bound to fall to 29589 (ideally 28678) in the month of April , this week silver trend is down, USD/INR is a great buy @67.13-67.18 with upside target of 74.11 ,it wont be able to give a daily close below 65.86 in entire 2019. For detailed trend & price forecast of more than 40 major global asset,see our Sunday’s weekly newsletter (01-05 April 2019). Best Wishes

By | 2022-10-31T09:53:15+00:00 April 2nd, 2019|News|
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