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.