Tuesday, December 15, 2009

Natural Gas Charts Looking Technically Bullish Target Rs 400

 Natural Gas Charts technically bullish side For Short Term Or 3 Months View. Fundamentals Are Strong But Global Warming Also Slightly Affects Demand Of  Natural Gas In USA. But Now  Demand  Time Initiates From Mid November To Mid March.

Technical charts Are Also Strong Anyone Can Buy Natural Gas At Range Rs 200 - 240 sl 168 tgt  Rs  280 - 360 - 400 - 424.

Bullionguru.com


Tuesday, December 8, 2009

Buy Tata Communication For Target Of Rs 400 :

  Tata Communication Charts showing strong Support at Rs 352 - 358 . Fundamentals Of This Are Also Supportive, Anyone Can buy This stock For A Target Of Rs 380 - 390 - 400. 

Bullionguru.com

Friday, December 4, 2009

Buyy Dlf Target Rs 650 till ( 1year)

Dlf Charts Showing Strong Support at Rs 350 - 380 range . Anyone Can buy Dlf with a One Year of Rs 615

Bullionguru.com

Thursday, December 3, 2009

Buy Punj Lloyd For Target Of Rs 240

Punj Lloyd Charts Showing Some Support at Rs 197 - 202 range After a Sharp Correction Due To Unsatisfactory Quartley Results . But Major Support Seen At Rs 180 levels & Traders Can Buy This stock With Stop Loss of Rs 162 & For A Target Of Rs 220 - 234 - 248

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Buy Allied Digital Ltd For Target Of Rs 248

Allied Charts Showing Some Support at Rs 195 - 203 range. But Major Support Seen at 168 - 180 range. But Anyone Can Buy This stock at Current Prices With Stop Loss Of Rs 180 Target Of Rs 220 - 236 - 248 ( 30 Nov 09))

COPPER HOVERING AROUND Rs 320

om Last Few Months Copper Hovering Around Rs 310 mark. LME Inventories of Copper Rising Month To Month Due To Lower Demand In China.

Unemployment Rate In U.S. at 26 years High & They Also Provides Negative Trend To Base metals. Some Supports To Copper Prices Given By Improving Existing & New Home Sales In U.S.

Copper Charts Looking Weak Resistance Seen At Rs 317 - 328 & Supports Seen At Rs 278 - 282 range.

But For Next Two Months Copper Looking To Trade In Range Of Rs 260 - 340


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RBI DEAL OF 200 TONNES GOLD WITH IMF

It Was Strong Step Took by the RBI with Confirming With Central Govt For Buying 200mt Gold From IMF ( International Monetary Fund) , Because IMF Needs Money For Help Of Many Asian , European & South African For Taking Out Of Recession Increasing The Standard Of Life & Make The Potential Economy.

This Step Helps in Showing Out The current Situation Of Liquidity In India. It Also Increases the Confidence Of Local Gold Consumer To Buy Gold At High Prices .

It Also Increases the Confidence OF FII & Attracts More Money to Indian Equity & Debt Markets .

Gold Have Major Support Levels 1072 - 1097 - 1116 & Resistance Levels 1124 - 1140 - 1160.

Still Gold Trend Bullish & Charts Are Strong , Major Support Seen At 1096 - 1102 Range. If Gold Trades Under This Support Then Trend Down Unless It Is Bullish. It Looking To Hit 1124 - 1140 - 1150.


Bullionguru.com

Gold hot Sour To Medium Class Parents

Gold prices rises About 25 % from last year. IN 2008, Gold prices in MCX around Rs 14000 & in Comex $ 900. But this year Near the Marriage season in India Gold prices up 25 % + all the daily needs like food , clothes & water is also get costlier.

Gold is best source to hedge against inflation . But Gold at near 18000 in Indian retail Markets . Medium salary & Business Class parents unable to give Gold pendants, jewellery sets. in this Children Marriages. Because they have only 2 - 3 lakhs for each child.

But Now a day , In Rs 2 lakhs they have to buy a few things. Demand of Gold in Indian Markets remain decreases. Demand of Diamond jewellery filled with less costlier metal in Place of Gold Increases.

Demand Of Artificial Jewellery Took Growth of 300 % From Last 2yrs In Indian Market.

According To the Latest Statements Came From Fed's & ECB Meeting gives Downturn To Gold Prices In Next Year. They Do not want to Renew Easy Loans To Banks by Which they Directly Fuse The Bulb Of Inflation & Dubai Crisis Is Also Consideration.

We See Gold prices at Rs 12000-15000 for next Year Aug – Dec 2010 .

Thursday, July 30, 2009

Money drives out from gold funds

From last few weeks, Money from major Gold Funds Are Continuously drive out due to higher profits in equity & better results in U.S markets. American markets are best drives by the strong performance given by the financial banks in their quarterly results.

Dow Jones also providing good support to te economy by crossing 9000 mark. That’s showing the hilarious marks on global economy removing by occurring housing demand in U.S.

Traders & investor also have lack instrest in gold market, now they starting investing major equity funds or directly in the stock market.

If comes Gold do not cross level of $960, then we for see Gold prices to $920 to $860 levels in late July or August or more downside.

www.Bullionguru.com

Monday, June 22, 2009

Gold Moving To Southwards Trend

As per we all saw that, Gold Made a high of $990 in beginning of June Month & Continuously corrected to $927 as on 17 Jun 2009. According to my trends theory, If Gold unable to break $940-960 levels, then we for see Gold prices in Comex , Nymex trades at $900-860-820-760 & In Mcx Trades at 13500 – 12800 – 12000 – 11000 in next three months. After June wedding reason is over in India for next three month .But in September jewellery Wholesalers & retailers can add more Gold in their inventory in down prices for their year end festival sales.

www.bullionguru.com

COPPER IS ON BACK FOOT

After making 6 months high of Rs 258, According to my previous target, Copper continuously witness of profit booking & technical selling. But according to the latest World economic data of Unemployment , we PROPOSED our copper target in MCX of Rs 222 – 210 for next three months. Copper maintains supports zone in Mcx at Rs 206 zone.

But In Lme ,Copper maintain crucial Levels of 1.720 – 1.750 & then target 1.880 – 2.011 for next three month.

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DOW JONES LOOKING TO GO BACK

DOW JONES INDUSTRIAL INDEX HOVERING NEAR 8800 LEVELS, TECHNICAL CHARTS OF DOW – JONES INDUSTRIAL SHOWING THAT DOW FACES STRONG RESISTANCE AT 8800 – 9000 LEVEL. THESE LEVELS NOT LOOKING TO CROSS BY DOW ,IF WE SEE THE ECONOMIC CONDITION OF GLOBAL ECONOMY.

THEN WE FOR SEE DOW – JONES TRADES DOWNWARD TREND HITS 8400 – 8200 – 7800 – 7400 - 7200 IN NEAR FUTURE TRADES.

BUT IF DOW JONES CROSSES THIS LEVEL THEN WE FOR SEE 9400 – 9600 – 9800 FOR MAXIMUM UPSIDE.

GLOBAL ECONOMY REVIVES OR NOT , BUT ACCORDING TO THE TECHNICAL TRENDS DOW HITS 7800 – 7400 ONE TIME IN THEIR FUTURE TRADES.

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