Showing posts with label gold trend. Show all posts
Showing posts with label gold trend. Show all posts

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.

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.

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.