THOSE U WANT TO TRADE ON OUR CALL FOR THE FIRST TIME. DO CHECK OUR PAST CALL/PERFORMANCE FIRST THEN PUT UR MONEY ON OUR CALLS.
CALLS AND NEWS ARE FROM VARIOUS SOURCES (FII'S,DII'S)

Tuesday, September 6, 2011

GOLD VIEW

GOLD TODAY LIFE HIGH IN COMEX N SPOT MARKET. WILL SEE STRONG UP MOVES 4 THE DAY. BUY IN DIP 4 THE DAY. RES IS AT 1942 LVL. IF LVL CLOSE GIVEN 4 THE DAY. WE CAN SEE 2000 IN COMING WEEK. BUYIN DIP 4 THE DAY. MCX STRONG SUP NOW IS AT 28200 LVL GOOD ENTRY LVL. WE CAN SEE MARKET CHOPPY TO FIRM AS TODAY ONLY US MKT IS OPEN. WILL SEE GOOD JUMP UPSIDE. MAIN ISSUE RITE NOW HELPING GOLD IS EUROZONE TROUBLES. WHICH HELPING GOLD TO NEW HEIGHTS. EVEN IF DOLLAR INDEX TOO RECOVER FROM ITS RECENT LOW AND BREAK UPSIDE. IT MAY NOT HOLD GOLD OR ABLE TO PULL DOWN MORE AS ITS BEST SAFE HEAVEN STATUS IS STILL IN FORCE. ITS COSTILER THEN PLATINUM 4 NOW.


MCX RANGE OF 28222-29029 EITHER SIDE BREAK ON CLOSING BASIS MORE DIRECTION.
COMEX TRADING RANGE 1942-1877 EITHER SIDE BREAK CLOSING BASIS MORE DIRECTION.
GOLD SPDR HOLDINGS STANDS AT 1232.31 FLAT.
GOLD LBMA FIXES AT 1895 POSITIVE.
RUPEE TRADING RANGE 45.92-46.48 OVERALL WEAK. EQUITY MARKET ON HOOK ANY LOSSES WILL PROMPT RUPEE FURTHER WEAKNESS. SO WILL WATCH THIS LVL. OVERALL RUPEE CAN SEE WEAKNESS IN COMING DAYS. TGT CAN BE SEEN 47.22 WHICH WILL INTURN GIVE SLITE BOOST IN VOLATILE TRADING OF GOLD.



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