Showing posts with label bullion tips. Show all posts
Showing posts with label bullion tips. Show all posts

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.

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.

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.

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.

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.