Monday, May 24, 2010
BUY SREI INFRASTRUCTURE LTD TGT 120
As Per Govt. Invest More Money In Infrastructure To Achieve the 10 % GDP. SREI Posting Strong Quarterly Results & Govt. Also Planning To Give Permission To Private Companies To Issue Infrastructure Bond. That's Very Much Positive For This company. Buy SREI Infra at 70 - 75 tgt 100 - 120.
Gold Prices at Lifetime High, Retails Surges To Zero
Gold Prices trading at Lifetime High In Whole Currencies Pack Except One Or Two Currencies. But Retails Sales Of Gold & Silver Jewellery Going To At Very Minimum Or May Be Zero If We Compare To All Past Year Sales. Buyers are Interested to Sell In place To Buy Gold On Akshaya Tritiya due to higher return on investment.
Gold Prices Trading At $ 1240 Levels & In Mcx It Trades Around Rs 18120. But Strong Funds Demand In Gold , Silver, Platinum & Palladium Supporting Prices At Higher Levels.
Many Middle Class Families Using Artificial Gold Jewellery In Parties In Place Of Gold Jewellery, There was a Robust Growth In Artificial Gold Jewellery Business. They Keep On Rising Due To Higher Bullion Prices Day By Day.
We For See Gold Prices On Comex at $ 1260 - 1280 , If They Holds $ 1182 Levels.
We For See Silver Prices On Comex at $ 20.08 - 20.40 , If They Holds $ 18.80 Levels.
We For See Crude Oil Prices On Comex at $ 76 - 78 , If They Holds $ 68.
Gold Prices Trading At $ 1240 Levels & In Mcx It Trades Around Rs 18120. But Strong Funds Demand In Gold , Silver, Platinum & Palladium Supporting Prices At Higher Levels.
Many Middle Class Families Using Artificial Gold Jewellery In Parties In Place Of Gold Jewellery, There was a Robust Growth In Artificial Gold Jewellery Business. They Keep On Rising Due To Higher Bullion Prices Day By Day.
We For See Gold Prices On Comex at $ 1260 - 1280 , If They Holds $ 1182 Levels.
We For See Silver Prices On Comex at $ 20.08 - 20.40 , If They Holds $ 18.80 Levels.
We For See Crude Oil Prices On Comex at $ 76 - 78 , If They Holds $ 68.
Gold & Silver Sinks Due To Technical Selling
Gold Fells Due To Technical Selling On Upper Levels in Comex, But Prices in MCX Still Above Rs 18000 mark.
But Prices Of Mcx Silver In Continuously Fells As Like The Comex Silver From Rs 30120 to Rs 28440. Silver Funds are /still Buying Silver Due to Economic Debt Crisis Rises In Whole Europe.
But Gold Settlement Period Near At 5 June. due To Higher Prices In Mcx or Comex. Small are not much Interested in Buying Physical Gold In India.
If Gold Breaks $ 1160 mark Then We For See Gold Prices at $ 1144 - 1120 In Comex & Rs 17700 - 17440 In MCX
If Silver Breaks $ 17.60 mark Then We For See Gold Prices at $ 17 - 16.40 In Comex & Rs 27500 - 26800 In MCX
But Prices Of Mcx Silver In Continuously Fells As Like The Comex Silver From Rs 30120 to Rs 28440. Silver Funds are /still Buying Silver Due to Economic Debt Crisis Rises In Whole Europe.
But Gold Settlement Period Near At 5 June. due To Higher Prices In Mcx or Comex. Small are not much Interested in Buying Physical Gold In India.
If Gold Breaks $ 1160 mark Then We For See Gold Prices at $ 1144 - 1120 In Comex & Rs 17700 - 17440 In MCX
If Silver Breaks $ 17.60 mark Then We For See Gold Prices at $ 17 - 16.40 In Comex & Rs 27500 - 26800 In MCX
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