Tuesday, August 6, 2013

News to read and share !!!!

Hello friends rupee closing is seen at all time high at 61.07 spot closing basis and future closing at 61.45 where expected tgt is 68 and 72 immediately
Nifty and bank nifty are bleeding and this is just the start of movie and still blood bath is expected where nifty cmp 5700 will test 4400 to 3500 and bank nifty cmp 10050  will test 8000 and 5500 in near term. 
Have been informing the same situation from long time and want to know on personal front look at banking stocks. 
Looking at gold 25000 has tested once in mcx future for 1 day cmp 27600 and I feel if retest 25000 in spot buy in bulk expected tgt 70k.  Silver cmp 41400 mcx future do not look like it will trade below 38000 and long term tgt 1.5lk Advise to start buying from today and keep adding.. 
3 to 6 months down the line tough time is expected. 
After diwali I feel real things will come out in India as people want ganpati and diwali to pass by before they get on street for mass protest. .. can look at 1975 to 1977 recession emergency
Just pray . Jai shri krishna.

No comments: