Saturday, December 10, 2011

Commodity Trend For Next week

December, 9, 2011 (01:30pm) :-  After the very much volatile week for the commodities we fore see good market strategy for next week which is starting from 12th December to 17th December.
For this week, we see large movement in bullion, Base metals & Energy.
Crude oil have strong resistance at  Rs. 5260 levels & support at Rs. 5080 levels.
Natural Gas totally bearish under Rs.184.
Gold totally bullish above Rs. 29350.
Silver totally bullish above Rs. 56600 levels.
Copper totally bullish above Rs. 400 levels in MCX.
Nickel totally bullish above Rs. 928 levels in MCX.

Friday, December 9, 2011

Fundamental Analysis On Nifty Future

December, 9, 2011 (01:30pm) :- December rally comes to be end yesterday. on 1st December Nifty starts with the bullish mark of 5000 but all these rally are hurted by the non -  confidence on the FDI policy in multi brand but little bit effect also comes from the hearing on 2G spectrum case in which our home minister Mr. Chidambaram are on the accused on the trials.
That's why investors are dissatisfy and starts selling on the Nifty.
Our domestic Institutional investors are totally in selling position on 7th December, they sold Rs 190.11 & on 8th December, they are sold Rs 197.51 in stock market.
Nifty have strong support at 4850 above this level it's trend totally bullish side.

Bullion Dropped After The Claims Rebound


December, 9, 2011 (01:30pm) :- Gold & Silver are faced to be highest selling pressure by the investors and by the daily traders after the release of initial claim data.
Initial claims are least at 3,81,000 as comparing from the last 9 month data's.
Gold & Silver trend totally negative side because Gold breaks their important support at $ 1728 which is also broke yesterday.
Under $ 1728 Gold trend totally down for Short term.
Silver have support at $ 32, which is already broke yesterday & also strong resistance at $ 32.60.
On Wednesday we saw that Big investors sold around 3500 Kg approx Gold & bought 30,000 Kg Silver.

Thursday, December 8, 2011

Nifty breached 5100 & but not Sustained

December, 8, 2011 ( 01:40 pm) :- Nifty breached the 5100 level with in the 1 hour of trade but after the announce of our country also affecting by the European crisis disapproval of the FDI in multi brands also made and session of market is in the profit booking mode.
Nifty facing strong resistance at 5150 - 5180 under this Nifty trend keep weak for a down target of 4940 level.
Banking index continuously providing good returns everyday with the really of SBI, AXIS & ICICI Bank.

Volatile Gold Session For Trade

December, 8, 2011 ( 01:30 pm) :-  Gold & Silver good support by the investors who are keep maintaining their buy position in MCX & Comex.
But spot traders has sold 1000 kg Silver on Wednesday. Apart from this Silver maintaining their support above $ 32 & but also facing some resistance at $ 33.20.
If today $ 33.20, Silver able to trade above that level than we can fore see their prices up to $ 34 - 35 in short term but if all problems are sowed after the today meet.
Gold trend today totally bullish, If they trade above $ 1740 & Rs 29250 in MCX, We can for see Gold prices up to $ 1760 - $ 1780 in Comex & Rs 29500 - Rs 29700 in MCX.

Wednesday, December 7, 2011

Reliance Industrial Tries Launches New Tech Crunch

December, 7, 2011 ( 01:40 pm) :- Reliance industries buy which is chain by Mr. Mukesh Ambani, company planes to offer 4 G services as a low Cost by which they help the growth of Indians.
Company plans to launch their tab around Rs 3500 & with data download or uploading facility for 10 Rs of every 1 GB.
If company able to provided all there technology, Reliance will be the next year favorite stock for many investors.
But now, Reliance have strong resistance at Rs XXX & support at Rs XXX above this trend bullish side.

Bullion Recovered In Late Market

December, 7, 2011 ( 01:50 pm) :-  Bullion are sparked at the late or and session of MCX & Comex.
USA investors are not worried about the coming events because European leaders signals that IMF providing help for European countries who are facing financial crisis.
Crude oil momentum also range bound whole day, a rising tension on the Iran exports resistance will trigger oil prices will at new high.
Silver have strong resistance at $ 33.20 above this level it's trend bullish under this its trend totally down.
Gold have strong resistance at $ 1742 above this trend totally bullish side & unless its in down trend.

Tuesday, December 6, 2011

Silver Analysis : Overview

December, 6, 2011 ( 03:00 pm) :- Comex Silver have strong support at $ 31.60 above this level Silver trend looking side but resistance also at $ 33.20.

Whole market investors are very much depend on the views of the European central bank which is on the 8th December 2011, European central bank President Mario will announce the financial package for the help of Italy & other European countries.

Market will be in range of $ 31.60 - $ 33.20 then short term charity after the 8th December 2011 ECB & BOE meeting.

Monday, December 5, 2011

European Meeting Optimism

December, 5, 2011 ( 03:00pm ) :-  All markets including stocks & Commodities are moving towards upward direction on the strong cues comes on the expiring today.
Little bit Volatile comes over the settlement in MCX today. Gold & Silver contracts are expiring today.
Dow Jones Industrial average future up by80 points from the optimism coming from the European Countries.
All European Countries getting financial aid from the side of IMF which is provided through the European Central Bank.
Nifty have strong resistance at 5150 levels  under this level  short term trend still bearish side.
Gold have strong support at Rs 28960 above this trend bullish under this trend down for short term.

Saturday, December 3, 2011

Upcoming Event : BOE & ECB Interest Rat Decision

December, 3, 2011 ( 02:30pm ) :-  In the second week of December very important meeting going to be hold on 8 December 2011.
All Global Investors must eyes on the GDP data of European Region On 6 December 2011.
The preliminary GDP is looking same as previous 0.20%.www.bullionguru.com Gold % Silver will provides large momentum on the releasing time in the late European recession.
Gold & Silver will provides large momentum next week & stock markets of India & other countries must be corrected.
On 8th December, European central bank president Mario draghi will announces the more steps are going to be taken by their bank to infuse the growth of all European nation.

Friday, December 2, 2011

Nifty Futures :: Analysis

December, 2, 2011 (03:00pm) :-  Nifty Futures up by ( 1.57%) on the strong global crisis.
Steps look by USA, Chinese, & European central banks are praised by every investors.
Bharat Petroleum up by (7.12%) on the strong crude oil cues in Nynex.
Nifty looks a strong support at 4930 & up 100 points on the strong European opening FTSE trading at 5564 up by 75 points, DAX and CAC trading at 3180 up by 50 points.
Nifty futures have strong support levels at 4930 & then 4850 & resistance at 5140 & then 530.0 levels.

Thursday, December 1, 2011

China Manufacturing Data Contracted

December, 1, 2011 (03:00pm) :-  China's manufacturing data's are slides to 49 below 50, a signal of contraction by which whole Chinese economy affected.
Due to the European crisis, the global demand is weak which Chinese affected the most because china is the only market which manufactures the product an unbelievable cost.
Global demand still weak this may be continues by next 2 - 3 months.
Base metal prices are higher composed to 2010 levels, the profit levels also drooped by 5% to the manufactures.
Base metals trends looking down in December.
Cooper may be range Rs 370 - Rs 440
Zinc mzy be range Rs 97 - Rs 113.
Nickel may be range Rs 870 - Rs 960.
Lead may be range Rs 98 - Rs 112.

China Manufacturing Data Contracted

December, 1, 2011 (03:00pm) :-  China's manufacturing data's are slides to 49 below 50, a signal of contraction by which whole Chinese economy affected.
Due to the European crisis, the global demand is weak which Chinese affected the most because china is the only market which manufactures the product an unbelievable cost.
Global demand still weak this may be continues by next 2 - 3 months.
Base metal prices are higher composed to 2010 levels, the profit levels also drooped by 5% to the manufactures.
Base metals trends looking down in December.
Cooper may be range Rs 370 - Rs 440
Zinc mzy be range Rs 97 - Rs 113.
Nickel may be range Rs 870 - Rs 960.
Lead may be range Rs 98 - Rs 112.

Wednesday, November 30, 2011

Correction In Bullion

November, 30, 2011 ( 04 :30pm ) :- Gold looking down due to the settlement period on 4 Dec 2011 % major is the demand looking very low.
Indian wedding season going to be end at 10 December 2011 till 12 January 2011. The demand of jewelers to be declaimed little bit demand owners from USA & Europe on the Christmas season.
Silver also looking down due to the unexpected GDP decreases from their high's. Industrial & manufacturing still showing  reassign marks.
Imports also going down from BRIC countries.
We are looking more down side in Bullion.

Tuesday, November 29, 2011

Technical Coverage On Gold & Silver

November, 29, 2011 ( 03:30pm ) :-  Gold looking week due to the settlement provide in MCX.
Today, Gold trading near their 100 day moving average of Rs 28,600 still above Rs 28,600 gold trend supportive for upside.
Silver was also trend looking weak due to the settlement period in MCX. Silver looking down under RS 56,500 for a target Rs 54,600 - 53,200 in next few days.
Today Gold & Silver technical charts showing weakness by which we are expecting Gold may be drops to Rs 28,500 - 28,340.
USA consumer confidence data's are releasing today & strong expectation of huge recovery in data's which are directly pressurize Silver & Gold in the downside levels.
So, Let's see the data tonight.

Monday, November 28, 2011

Strong Recovery In Indian Markets

November 28, 2011 ( 02:00pm) :-  Today, Nifty & Sensex open 1% up in morning session due to the latest new updates come from European next meeting for providing the financial aid to the Italy & other nations.
Silver & Gold also opens higher on the optimum created on whole Europe on Sunday rumors of financial aid provided by IMF to the Italy.
Big  Investors still buying the Gold from the spot market for a safe heaven of their Investment.
Stock markets also corrected 10% from past 1 month due to the investors still getting down grading reports from Moody's for Japan & other European countries.
Over all Gold & Silver is totally technically bullish Rs 28,200 in Gold & Rs 55,400 In Silver.

Friday, November 25, 2011

Nickel Inventory Levels Increases

November, 25, 2011 (01:40pm) :-  After 17 November, we inventory level of Nickel continue on rise due to lack of demand & the Chinese slow down due to the high inflection rate.
Surge in the inventory level providing downside slope in the technical charts in nickel.
Inventory levels recovered from the low of 83,320 tone to 86,286 tone in hand on market exchange.
MCX Nickel monthly future settlement next week. The prices of Nickel looking Continuously week or may be range of 870 - 940.
New demand occurs after the Christmas.
We expects that Nickel prices could be in of Rs 800 - Rs 1040 levels hill Feb. 2012 expiry.

Thursday, November 24, 2011

Investors Lost Faith In Silver

November, 24, 2011 (03:00pm) :-  Due to the Christmas season a head many investors selling their paper units holding Silver due to the widening Finance crisis in Europe, Asia & USA.
Manufacturing & Industrial demand keep weak due to the lower demand & high inflation rate unable the consumer to buy more goods & services in their Accounts.
On November 23rd 2011,  Unexpected data of industrial orders from the Euro - Zone also disappointed the investors.
Big investors & funds manager diverting their money from stock & Silver to Gold.
Gold still a safe heaven for big & potential investors.

Investors Lost Faith In Silver

November, 24, 2011 (03:00pm) :-  Due to the Christmas season a head many investors selling their paper units holding Silver due to the widening Finance crisis in Europe, Asia & USA.
Manufacturing & Industrial demand keep weak due to the lower demand & high inflation rate unable the consumer to buy more goods & services in their Accounts.
On November 23rd 2011,  Unexpected data of industrial orders from the Euro - Zone also disappointed the investors.
Big investors & funds manager diverting their money from stock & Silver to Gold.
Gold still a safe heaven for big & potential investors.

Wednesday, November 23, 2011

More Correction In Bullion

November, 23, 2011 (03:00pm) :- Gold & Silver prices in electronic platform moving so much, volatility again increases but in technical charts, Gold & Silver prices may be more corrected till next 2 days.
If Gold breaks $ 1690 today, then Gold Short term target $ 1672 - 1654.
If Silver breaks % 32 & then $ 31.50 then Silver trend totally bearish side.
In MCX Silver have strong support at Rs 54,800 above this level its trend bullish & under totally bearish.
But oversell trend for short term is bullish, Buy on dips recommended for Gold & Silver.

Tuesday, November 22, 2011

USA GDP Data Outlook

Very Important data release tonight USA Gross Domestic Product looking stands at 2.50% as a expectation. Data is looking totally positive side for bullions.
Silver have strong selling pressure from last few days due to the continuously correction in the global demand out look.
Stock market correction was also pressure the Silver in MCX & Comex.
Big investors sold around 1,00,000 Kg approx. Silver as a profit booking & hold his cash as a safe side.
We also seen at all base metals breaks our resistance level hold continuous rally in MCX due to the dollar upside momentum.
Over all market is very good for trading due to the higher volality in the settlement periods next week.

Monday, November 21, 2011

Gold prices drags again

Gold prices in Comex & Forex platform again drags due to the heavy selling in stocks & commodity markets by the traders and investors.
Investors who heavenly invested in gold little bit cautious again after the fell below $ 1700 . But dollar trading high everywhere against every currency pair.
Russia also buying gold . Russian Central bank bought 18.5 tonne gold in october.

Gold Looking Bullish For Short term

November, 21, 2011 (02:00pm) :-  Bullion looking bullish due to the heavy bets on the buy side.
Big investors is not able to seek long term solution of financial crisis from USA & European.
Initial claims last week dates provides some support to the economy but the European crisis not looking to end near term.
Gold have important support at Rs 27,960 above trend totally bullish for target Rs 29,000 - 29,400 for short term view.

Friday, November 18, 2011

Initial Claims drags bullion prices

Unexpected  Initial claims data drags the gold silver prices. Intraday traders sold gold & silver in electronic trading by which silver droped 5% down.
But other Global investors bought 12,000 kg approx gold from the spot markets, by which bullion takes supports from dips.
Gold looking totally bullish for targets Rs 29000 in short term view with strong support at Rs 27960 levels


Thursday, November 17, 2011

Safe Heaven Investment Increase

November, 17, 2011 (02:30pm) :- Due to the growing European crisis investors seeking the safe heaven again.
Protesters rallies in USA also effecting the confidence instrument that's why huge money transferred from stocks to Gold From last 20 - 40 days.
Investors bought 10,000 kg approx, Gold yesterday for a safe heaven investment.
Gold have b more power to go upside up to $ 2000.
Gold have strong support at 28,760 level above this Gold trend totally bullish for target Rs 29000 - 29400.
If breaks Rs 28,780, then trend totally down Rs 28,560, 24380

Wednesday, November 16, 2011

Range bound movement in Silver

Silver prices are totally range bound in MCX & Comex from last few days.
Range movement in Silver due to the uncertainty of European crisis. Investors are conferred & out of markets are due to the no solution in Europe markets.
Silver moving around in downside $ 33.80 - 33.60 in Upside $ 34.80 - 35.
Initial jobless claims & consumer prices index in USA are not showing satisfactory recovery by which investors are avoid to take large positions in Silver.
If Silver breaks $ 35 then looking for the target of $ 36 - $ 37 unless in downside Silver looking to hit $ 32.60 - 31.80

Investors more bullish on Gold

November, 11, 2011 ( 03:00pm) :- Safe heaven investors bullish on Gold due to the crisis in whole European.
Another thing is that European crisis not looking to end in shortly because two Prime minister from Italy &b Greece already lost their majority.
Investors & funds managers keep buying Gold & Silver due to the safe heaven investment.
Gold trend totally above Rs 28,560 for short term view.
Silver trend also bullish above Rs 55,560 for short term trend totally bullish above this level.

Inventory & Prices of Nickel drops

November 15, 2011 ( 04:00 pm) :-  Nickel LME Inventory ware house. level continuously drops from Nov 10 to Nov 11 nickel LME Inventory stood at 130000 tone in 2010 & in 2011 it down continuously to 85000 tone.
The huge demand occurs in the Japan some desecration. Japan Government passed recovery package for covering losses from the March 11 tsunami.
But the prices & the Inventory continuously falls due to the slow down in the China.
China's imports drooped it directly affected the base - metals.
USA also going to be celebrating  recession week from 15 December 2011.
European crisis is the major feather of the Nickel prices , which continuously falls from Rs 1200 to Rs 900 in MCX.
Nickel have support at Rs 840 levels above this short term trend totally bullish under then totally down.

Wednesday, September 21, 2011

Bullion Vaults Out Of Space

September, 21, 2011 ( 01:30pm) :-  Huge demand of Gold after the successful really from 2001 to 2011. this decade Gold & Silver provides huge profitable dally.
Due to the European crisis not looking to end for next 1 - 3 year. European investors invested the money in Gold & silver by which storage place is more required.
 Money banks starting expensing on of their values & also planning to set up new unit of vault which is help the investors to more metals with out risk.
Every vault is Manufactured with metric tonne steel gates for the storage & safety purposes.

Big Investors Buying Support Bullion Prices

September, 17, 2011 (03 : 20pm) :-  Investors from the developed countries bought gold & Silver at lower prices. After correction  from $ 1916 to $ 1760, its around 10 - 12 % correction, They bought around 1000 kg & 13000 kg in Friday.
There was reports from USA, jobless claims again roses from week to week due to employment cutting by the banking & other financial institutions.
Gold trend looking completely bullish side above $ 1782 & RS. 27,400 levels.
Silver trend looking completely bullish side above $ 39.80 & Rs. 63,600.

Jobless Claims Roses In USA

September, 16, 2011 ( 11 : 00am ) :-  After the Obama better policies after job creation environment, some financial & banking companies still cutting cost by dismiss the employer who are not generated in comes for their work done. 

After this application of un employment benefits roses by 11,000 thousand, last week it stands at 417 k.

Gold & Silver more down due to the technical break down. If Gold close below $ 1800, then more down confirmed Silver also looking technical down if closes below $ 40 Levels.