Dear Members,
This week markets have been trading as predicted. Metals are trading positive and may trade positive for another 24 hours, but tomorrow we may recommend profit booking.
Chinese stocks are rocking hard as predicted, which is giving a tough time to other emerging markets like the Indian market as money has started moving in Chinese stocks from other emerging markets. Other emerging markets to struggle until the Chinese bull era continues in the short term.
The next 24 hours are good for the commodity market, but tomorrow will be the best day to sell commodities around the higher sides except grains and coffee.
Today PATH will announce earnings and it is a great bet so take a long position.
Today markets are buying around the lower side, as tomorrow we see the market move higher. Take long positions in stocks in the second half of trading sessions.
Currencies to trade are mixed, but the Thirty Year bond will be on our buying list from tomorrow.
Thanks & God Bless
Mahendra Sharma