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Today's Trade & News

Major turn around will take place today so buy around lower sides...

Dear Members,

Markets have just opened and they are trading negative but we are expecting a major turnaround in Equity later today before closing from the lows so accumulate aggressive long positions in the next three hours. Buy call options expire this week and I am sure you will do well. Also, options trades are great tools for locking risk if you like to play bet when uncertainty is there. I won’t surprised at all if markets gained at least 5% during this week from today's low.

Commodities are trading sharply lower as expected, the weaker trend in commodities started from Monday last week. Commodities looks horrible after this week but gold and silver will act differently. Some rebounds may take place in commodities from Tuesday (tomorrow) so Monday one can take small long around lower side level in gold and silver but avoid base metals and other commodities. We already mentioned last week that oil will settle down around $84.00 very soon so keep this in mind.

Last week on Monday higher side selling recommendations have done very well. Buy some aggressive long in the market. In our daily Flashnews of Monday, we recommended buying markets around lower side levels so follow daily Flash news.

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Thanks & God Bless

Mahendra Sharma