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).

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.

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.

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.

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

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. 

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

Gold And Silver has more fall in near future

Intaernation Gold has broken its support $1512 and after touching 1322 it is heading towards $1403 again and if it does not go above $1522 then there will be free fall again to $1200 directly. So for MCX traders they should sit with cash to buy Gold at 23,000 very soon.
Also MCX silver will touch around 39,000 with in 2-3 month so do not think to buy at 46,000 as it looks attractive.

If you want to trade then from each rise start selling Gold and silver to earn money from MCX.

intrady mcx tips

BTST Free Tips in equity segment

Updated time- 15th february 3:15pm. Buy Bharti Airtel at 316 and Bhel at 204. Both stock have bounced back from its support point. Derivative traders can buy February future contract of both those stock. I will update on Monday where to book profit.

Nifty Traget achieved

On 6th February I had suggest to stay short in NIFTY and now NIFTY is in bear stage since last 8 days. Now it has break 5900. Most of the banking shares are in down trend which will result more down trend in NIFTY and bank nifty so low risk traders can book part profit from short nifty and cover their short position. Now Nifty will get support around 5810 and the range for the month of February is 5810-6120. Be careful while trading in Nifty option in this month. I suggest avoid option trading for this month and trade in Nifty future only. Click here for see previous message

Buy MCX crude oil

MCX crude was facing resistance near 5180-5190 but yesterday it has crossed with a good volume upto 5229. It has given a good breakout. Last week crude was not able to break below 5120 as it has touched the low of 5121 ( As Nymex crude is trading near $97 which has got good support at $94 and it will now go non stop upto $101 . So MCX crude near term target is 5350-5370. SO stay long in crude with a stop loss of 5175.

Stay Short in Nifty

Nifty is facing very strong resistance until unless Nifty able to cross over 6020-6040, it will taste 5950-5910. So keeping stop loss at resistance stay short in Nifty. Option traders can buy Nifty put option. Buy February 5900 strike put

MCX update about Natural gas

Natural gas face strong resistance at 193-195. and below 1836 it looks weak for medium term.Current market price is 176 . so for short term try to sell natural gas on every rise for target of 173-171. Natural gas moving sideways with good volume for bearish trend but for selling position give a stop loss of 184 because above 184 there is chances of reversing trend from downtrend to uptrend.

Gold Trend any level for trading

Gold is now facing strong resistance at 30300 of February contract, as it is near expiry so it may give a small bounce back but for near term Gold will be in bearish mode. So on every rise it is suggested to sell gold . Sell MCX Gold April contract 30170-30300 Range for a target of 30000-29700. But as Indian rupee appreciating against US Dollar so be careful if dollar shows its strength again then buy MCX Gold Above 30450 for a target of 31000. Always use stop loss to minimize your losses.

Free Mcx Trading Tips

Updated time: 2pm ,30th January MCX crude is now purely uptrend with Good Volume. Crude oil has taken Good support from 5177 so keeping stop loss 5177 buy February MCX Crude oil at 5225 for a target of 5280-5310-5367. I will update for profit booking.