Finance

Sunday 30 June 2013

Gold and Silver will witness more fall in near term.

If we talk about 2015 and 2016 year then we are going to see a new high in Gold and silver and it my touch 35,000 and 75000.
But as now days their is less demand due to the economy rise in USA, we have to wait before we initiate our buying position.

in MCX Gold buying should initiate around 23000 and silver should bought around 33,000.

Do not get biased by this fall and do not expect a quick bounce in precious metal in coming days.( for short term Gold and silver will be in bearish term but for long term it is clearly bullish in both Technical and fundamentally).


Tuesday 28 May 2013

Nifty position target and view

This expiry on 30th May 2013 has very crucial point for Nifty.
If it close above 6170 then the chances of nifty to be touch at 6300- and then it will touch new high of 6700-6900.
As today there is some buying seen in NIFTY June future ( due to short covering and fresh buying) there is no need to panic for Nifty long traders, it will easily touch new Life time high .

But this is only for positional traders . You can stay long and roll over every month for the target mentioned of 6700-6900.

And also as all Indices of world  have touched life time high Nifty is witnessed to touch its new high.
So during small correction there is no need to panic and stay in long position.

Friday 24 May 2013

DO Not buy Gold and silver at current level.

Some days before Gold was trading near 32,000 and silver was around 60,000.
Due to Economical growth of almost all countries ( Major countries) around the world and also broken the support level in chart both Gold and silver is in bearish trend for several more days.

As current market price of Gold is around 26,000 when Silver is trading near 43,000 which may attract to buyers but no need to be hurry as you are going to get Gold and silver in more cheaper rate.

This month there may be small bounce back in these billions but in next month and so on there will be seviour selling pressure will be seen which will result Gold to trade near 23,000 and low and silver will 40,000-38,000.



Wednesday 8 May 2013

Make your money 10 times in six month.

If you want to earn quick money then invest in Forex Gold and get 10 times of your investment just with in six month.
Is it really possible?
I am explaining how it possible. As you all know Gold is a precious metal and the demand of Gold is in every country ( all over the world). So in Forex the price rise and fall every moment and you have to grab that opportunity.

Trading Tips.

If you are a Gold trader then Current market price o f Gold is 1451 on 8th may 2013.
You have to sell 1 lot Gold at this price for which you need only $1300 in your balance. Keep $700 for margin adjustment.
Your total investment will be $2000 only.

The target of Gold with in six month is $1251.
So you have to buy at $1251 and your profit is $200*100=$20,000

By investing $2000 you are getting $20000 with in six month.
The business is easy.

Sunday 28 April 2013

Why Gold trading in forex is more benefit?

If you are a Gold and Silver trader in Indian Multi Commodity Exchange ( Indian MCX), then I would suggest you to start Investing in forex which will be more benefit to you.

Suppose you are buying 1 lot ( 1kg) Gold in Indian MCX then you have to pay around 1,00,000 as margin and if the Gold price increase 100 points.

for example- Current market price of Gold is Rs26,200 and it increase to Rs 26,300 then the profit is of 100 points.
In amount it will be (Quantity * the point increase)= (100*100)= Rs10,000

In similar case International Gold price has increased around $6 as on each $1 appreciation in International Gold impact our 15-18 point increase.

To Buy 1 lot International Gold you need to pay around $1300 = (1300*54)=70200.
Suppose $1=Rs54.

As it is increase around $6 then your profit will be around $6*100= $600 which is in Indian currency around  $600*54= 32400.

So you can see from this simple calculation how buying International Gold is more benefit to you.

Also read out about my forex trading experience.

http://expertscolumn.com/content/my-experience-forex-trading

Thursday 25 April 2013

NIFTY momentum for the month of May

Last expiry NIFTY shown some uptrend and still it is in Bull trend.NIFTY is expected to trade in a strict range bound of 5700-6100 in the month of May expiry.
Until unless it break the immediate support of 5870 it will straight towards up trend 5970 and after breaking that resistance it will go straight to 6100.

As nifty option seeing buying of put option 5900 strike price level.
So for may expiry Buy nifty future and buy nifty 5900 put option.
Hold it till expiry .

Bank of England giving loan at cheaper rate which is a positive news for Europe market and their economy which impact will be seen in Indian market as well. So it will be wise to buy NIFTY on each dip. 

Monday 22 April 2013

How to make money from forex trading

now days there is huge demand in forex trading. It is because you can do forex trading from your home, school, college or work place.
As this does not need any qualification, any one can start forex trading who is having a computer and Internet connection. whether a ladies, student, house wife, retired person.
Due to very less investment required to start forex ( you can start forex trading by investing $20 only).
As a beginner you need to open a demo trading account first to understand how it works actually? after having operation idea of trading plat form you can start investing in real account to earn some money by sitting at your home.

Why Currency trading has huge demand?

Due to high liquidity and turn over is more than $6 trillion which is very much easy to do trading..
Read the my own experience in forex trading.

http://expertscolumn.com/content/my-experience-forex-trading