This page is viewed 12030872 times
Alerts:
Ignore experts those saying negative for S&P as we see biggest bull market of all time is on the way...14 Dec 2011, our 2012 target for S&P is 1407 by Mid year and 2800 to 3200 by 2014/15. Yen crash is coming..predicted in Oct 2012...India Nifty touched 6000 and next target is 7500..Mahendra Sharma

Weekly Financial Letter

Get detailed weekly outlook for all markets.
View Details

Daily Flash News

Receive daily trading range and strategies before the market opens. View Details

Market Predictions & News

Read Market news & Updates by Mahendra Sharma
View Details

Corporate Clients

This service is only for corporate and business houses. View Details

Uranium Newsletter

Receive monthly outlook of uranium & alternative energy. View Details

Consultation Services

consultations from Mahendra Sharma.
View Details

Personal Clients

This service is only for high net-worth and corporate clients.
View Details

Advertisements

 


2012 Financial Predictions - Here is Thursdays flash...

 

Dear Friends,

Enjoy our Thursday flashews here, our warning on fall of Metals and all other markets came very accurate, both side predicted targets got fulfilled as mentioned as per Thursday’s flashnews. We appreciate support from our loyal members and we request nature to give us more humbleness. Many people requesting us to put flash on our website early when Asian market open but we won't able to do it as this is a paid services and members pays high fee for all our subscriptions. Daily cost of flash is just less than $6.00, which is nothing against risk we take in markets. I am trying to sell my services to anyone. Our most exciting book “2012 Financial Predictions” will be out next week.

Thanks Mahendra Sharma

Thursday’s Flashnews

Dear Members

Yesterday day trading range accuracy came almost 95% accurate. Today we would like advise you not to go aggressive for the next three days (Thursday, Friday and Monday). Don’t buy on any positive news from Europe or EU, in fact any rise should be taken profit booking or selling opportunity on late Friday or Monday.

We recommended buying metals on weak on Wednesday, and this predictions proven very accurate, Thursday we recommend booking profit at higher side and avoid any new position in buying gold and silver.

Thursday’s range will be:

GOLD - $1752 to $1730.8

SILVER - $32.96 to $32.06

COPPER – $358.20 TO $350.10                                          

PLATINUM - $1530 TO $1503

PALLADIUM – $691 TO $662

 

Book profit on higher side in indexes as sharp weakness will come, Here Thursday’s trading range:

 Australia – 4330 to 4253

NIKKEI – 8720 TO 8633

HANG SANG – 19190 TO 18830

DAX – 6089 TO 5960

CAC – 3229 TO 3169

FSTE – 5618 - 5521

S&P – 1272.75 TO 1253                                        

NASDAQ – 2344 TO 2301

 

Except coffee and cotton all other soft commodities looks very negative. Here is trading range for Thursday:

Coffee - $232.80 TO $228.70 (Buy on lower side)

Cotton - $93.00 to $91.10 (Buy on lower side)

Cocoa - $2112 TO $2150 (Still in weaker trend, already fell 30%)

Sugar - $23.32 to $22.75 (Crashed yesterday, fell almost 5%)

Orange Juice - $175.3 TO $170.7 (Looks very negative)

 

Grains have been trading weaker as predicted, avoid any position in grains.

Here is Thursdays range:

CORN - $595 TO $583

WHEAT - $603 TO 589

SOY - $1130.5 TO $1114

RICE - $14.51 TO $14.17

 

Oil is trading mix, trade in and out but don’t go short with big position as until 17 December oil will remain mix.

Here is Thursday’s trading range:

NATURAL GAS – $3.51 TO $3.36

OIL - $101.09 TO 99.15

 

There is great opportunity of buying dollar, avoid all currencies except Yen and Pound (Don’t short pound, yen and USD).

Here is Thursday’s trading range:

Dollar Index – 78.28 to 78.78

Australian dollar – 1.0298 to 1.0203

British Pound – 1.5750 to 1.5615

Canadian Dollar – 0.9943 to 0.9851

EURO - 1.3459 to 1.3365

Japanese yen – 1.2919 to 1.2850

Swiss Franc – 1.0784 to 1.0852

Rupee – 51.48 to 51.82

Rand – 7.99 to 8.11

 

Thanks & God Bless

Mahendra Sharma

7 December 2011, Wednesday

6.50 PM Santa Barbara

 

© 2012, MahendraProphecy.com. All Rights Reserved.