Am cautious on market.

Am cautious on market, & didn’t expect more upside on both index.

its better to book long position & short weak stocks.

don’t see more downside below 61.00 in USD/INR Spot, right now.

didn’t see more downside below 1180 in GOLD on Comex. one can enter long with long term view at the level of 1180-1220.i don’t expect upper target more than 1275 in 1-2 month. trading range might be 1160-1285 for 2 month.

 

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