Finance

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.