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.
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.
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.
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.