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

Bullionguru.com

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


Bullionguru.com

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 .