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.
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.
Large Surge In Gold & Silver Prices This Week, Bullion : Gold & Silver Breaks Their Resistance Level Like Gold Breaks $ 1144 & Silver Breaks Their Resistance Level Of $ 18.12.
Before The Interest Meet Result Of Bank Of England & European Central Bank , Various Gold Funds Mangers Interested In Buying gold For Safe Heaven Until The Greece Matter Not Over.
Greece Needs Around 20 - 25 Billion Euro To Cover Their Financial Deficit & Greece Also Took Many Steps To Cover Or Decreasing their Financial Deficit By Imposing More taxes.
On The Latest Issues Like Greece Bail Out, US-Russia Partnership On Decreasing their Nuclear Weapon & both Countries Warned Iran To Stop their Nuclear Program Are Giving More Interest In Gold & Silver As Investment.
If Gold Able To Trade Above $ 1162 , Then We Look Prices to hit $ 1176 - 1190 Till All Tension Over & If Silver Able to trade Above $ 18.12 In Comex Then We For See Silver Prices at $ 18.60 - 18.84.
Unless Prices Moves In A Range Of $ 1120 - 1160 For Gold & for Silver it Moves In Range Of $ 17.40 - 18.12.
www.Bullionguru.com
Gold : Gold Prices Looking Positive In First Two Quarter Of 2010 Because Interest Rates Remains Low Till First Half Of Year 2010.Second Half Of 2010 Must Very Volatile We For See Strong Recovery In Dollar Index In 2010, Gold Could Make New High OF $ 1350 Oz in 2010 , If It Breaks $ 1240 oz in 2010 Or If It Breaks $ 960 Level Then Gold Trend Shifted To Down side For A Target Of $ 850 - 820. Unless It Is In Range Of $ 820 - $ 1250 Oz.
Silver :
Silver Prices Looking Positive In First Two Quarter Of 2010 Same As Gold. Silver Looking To Hit $ 20 - 21.30 - 22 in Upside Or If Silver Breaks $ 16.60 Then It Could Hits $ 14.80 - 12.60.
Copper :
Copper Trend Looking Bullish In 2010 Rising Global Manufacturing Data + Industrial Production + Global GDP + Increase In Exports & Imports . Copper Prices Keep In To Rising Trend Copper will Hits Rs 400 - 440 Levels in Mcx. If It Crosses Rs 368 levels. Unless Remain In Range Of Rs 260 - 400 Range.
Crude Oil :
Crude Oil Trend Also Bullish In 2010 Because Iran Going To Make Atomic Bomb , Global Economic Recovery & Some International Political Tension . Crude Looking To Hit $ 100 & Above this Level In 2010 . Range Of Crude Oil $ 60 - 105 in 2010.
Nifty :
Nifty Looking Very Positive In 2010. Nifty Will hit At 6000 & Above 6000 in 2010. Range Of Nifty Around 4000 - 6400 in 2010. There Will Be Sharp Corrections In 2010 Due To Rising Interest Rates But Recovery Would Very Strong.
GBP/USD :
GBP Looking Bullish Against Dollar In 2010. Target For 2010 is 2.0000. As Increasing Housing Demand & Robust Industrial Production Helps GBP/USD TO Make New Year Highs.
EURO/USD :
EURO Looking not much Bullish Against Dollar In 2010. Target For 2010 is 1.8000. This is Possible If EURO/USD Crosses 1.6060 Level In Foreign Exchange Market.
USD/JPY : Yen Looking Positive In 2010 Due to Stimulus Package by Japanese Government. Japanese Economy Recovers From Recession Second Half Of 2010 Should Be Crucial Two Japan's Economy . USD/JPY Looking To Hit 98 - 104 - 110 in 2010. Yen Trades 80 - 110 Range in 2010.