Archive for February, 2010

‘Gold prices will touch or surpass $1,500 in 2010′:Jeffrey Nichols(Director of American Precious Metals Advisors)

“Gold’s positive fundamentals, the high level of investor interest in key geographic markets and global monetary economic developments promise to push the yellow metal much higher,” according to Jeffrey Nichols, managing director of American Precious Metals Advisors. In this Gold Report exclusive, the leading precious metals economist outlines the reasons for gold to continue its upward trajectory—not the least of which include the ailing USD and foreign central banks’ reluctance to keep buying U.S. government debt.

Why gold price turns volatile during IMF gold sale?

By Jeff Clark
How many IMF officials does it take to change a light bulb?

“There’s none better than gold—and silver:David Morgan of The Morgan

However the evolving global currency crisis ultimately manifests itself, either total deflation and a debt-liquidating depression or a hyperinflationary blow-off, David Morgan of The Morgan Report says “There’s none better than gold—and silver is probably just as good—if you’re worried about a crisis hedge.” In the interim, David tells us in this exclusive Gold Report interview, the time might be right to build cash and watch the markets. He likes the old adage: when in doubt, stay out. But he also likes finding opportunities in undervalued and overlooked resource equities for speculative investments.

Today NCDX Market Calls(27feb): CD Commosearch

BUY GUARSEED(MARCH) 2335, SL 2297, TGT 2410

BUY SOYA REF OIL 458,SL 455, TGT 468

TODAY MARKET CALLS FOR COMMODITIES (27Feb2010) :Globe Capital

BUY COPPER 331, SL 328, TGT 338,342

BUY NICKEL(MARCH) 965, SL 955, TGT 998

INTRADAY CALL: SELL ZINC

Sell MCX Zinc March @ 100 Sl 100.50 tgt 98.60 -Ideal Investment (8.20 P.m 26-02-2010) www.ideali.in Intraday call

China, India still bullish on gold

BEIJING : Worried over the rising inflation, China is tightening liquidity, but it seems there will be no effect on gold sales due to this.

Base metals may trade choppy: SMC Research

Here is a summary of a commodity market report by SMC Research:

TODAY MARKET CALLS FOR COMMODITIES (26Feb2010) :Kedia Comm

Trading Ideas:

BUY GOLD APR AT 16630-16650 SL 16590 TGT 16680-16710-16740.MCX

Gold, silver jewellery to cost more in India

NEW DELHI : India’s finance minister has dealt a blow to the gold and silver jewellery business in India in his budget for 2010 by hiking the excise duty. Along with gold and silver jewellery, cars, TVs, cigarettes, tobacco and air-conditioners will cost more due to hike in excise duty.

25400 TGT ALLMOST MET >>MCX BUY SILVER MAR @ 25120-180 SL-BELOW 25040 TGT-25220-25260-25320-25400 ABV 25600-25700 RANGE (CMP-25180) Post

25260 TGT ALLMOST MET >>MCX BUY SILVER MAR @ 25120-180 SL-BELOW 25040 TGT-25220-25260-25320-25400 ABV 25600-25700 RANGE (CMP-25180) Post

NANDINI RESEARCH

LAST DAY CALL ALL TGT MET HIGH 25300 >>>MCX BUY SILVER MAR @ CMP OR 24680-710 SL-BELOW 24550 TGT-24780-820-900 ABV 25100-200

NANDINI RESEARCH ( Contact : nandini.research@yahoo.com )

MCX-TODAY TREND, SUPPORT & RESISTANCE (26TH FEB 2010)

MCX-TODAY TREND, SUPPORT & RESISTANCE (26TH FEB 2010)

Is China jumping to buy IMF gold?

By Jon Nadler
Bullion prices fell by nearly a further 1% below their afternoon New York closing levels during overnight Asian trading, as buyers became scarce amid the worsening Greek credit situation and the US dollar’s rise to the 81 mark on the trade-weighted index.

CMP-25000 BOOK PROFIT >>>MCX BUY SILVER MAR @ CMP OR 24680-710 SL-BELOW 24550 TGT-24780-820-900 ABV 25100-200 RANGE http://nandini-research-group.blogspot.com/

NANDINI RESEARCH

Will India buy IMF gold again?

NEW DELHI : Will India do it again? That is the question being asked by investors and bullion market analysts now.

24820 TGT MET >>>MCX BUY SILVER MAR @ CMP OR 24680-710 SL-BELOW 24550 TGT-24780-820-900 ABV 25100-200 RANGE http://nandini-research-group.blogspot.com/

Today Evening NCDX,MCX Market Calls(25feb): Karvy Commtrade Ltd.

NCDEX Pepper: Sell March at 12760 TP 12490 SL 12840

950 TGT MET >>>MCX BUY NICKEL CMP OR 934-937 SL-BELOW 928 TGT-941-946-950 ABV 955-60 RANGE (CMP-939)

http://nandini-research-group.blogspot.com/

946 TGT MET >>>MCX BUY NICKEL CMP OR 934-937 SL-BELOW 928 TGT-941-946-950 ABV 955-60 RANGE (CMP-939)

NANDINI RESEARCH

mcx calls

crude roadmap as per current hour :-
no trade zone 3720-3670
buy above 3720 tgt 3749-3780 s/l 3670
sell below 3670 tgt 3641-3611s/l 3720

positional:- buy copper above 333 tgt 341-346 s/l 325

Buy Nickel BETWEEN 940-944 TGT 952-960 S/L 927

TRADING ADVISOR

MCX BUY SILVER MAR @ CMP OR 24680-710 SL-BELOW 24550 TGT-24780-820-900 ABV 25100-200 RANGE http://nandini-research-group.blogspot.com/

http://nandini-research-group.blogspot.com/

TODAY MARKET CALLS FOR COMMODITIES (25Feb2010) :Kedia Comm

TODAYS MARKET CALLS

GOLD TRADING RANGE IS 16286-16738.

SELL GOLD APR BELOW 16460 SL 16498 TGT 16426-16390-16342.MCX
(EVE VOLATILE)

MCX COPPER FEB BUY @ 328-329 SL-BELOW 325.80 TGT-329.80-330.50-331.40 ABV 333-334 RANGE (CMP-329) http://nandini-research-group.blogspot.com/

NANDINI RESEARCH (nandini.research@yahoo.com)

NCDEX GUARGUM MAR SUPPORT 4535-4500-4470 & RESISTANCE 4615-4660-4700 ( BUY DIP )

http://nandini-research-group.blogspot.com/

India keen to buy 191 tonnes of IMF gold

MUMBAI: Will India go in for buying the 191 tonnes of gold that the International Monetary Fund (IMF) plans to sell soon? Yes, India is a potential buyer for the remaining stock of IMF gold that is to be sold in the open bullion market, analysts said on Wednesday.

Astrology:Commodity Market Predictions 25 Feb 2010

Wheat to show positive trends

MCX-TODAY TREND, SUPPORT & RESISTANCE (25TH FEB 2010)

MCX-TODAY TREND, SUPPORT & RESISTANCE (25TH FEB 2010)

Pre-Market Call for 25 feb 2010

Buy Nickel BETWEEN 940-944 TGT 952-960 S/L 927

TRADING ADVISOR

WWW.TRADING-ADVISOR.BLOGSPOT.COM

Buy Lead: Religare Commodity

Intraday Call:

Buy Lead MCX Feb in the range of 101.10-101.20, T1 102.85 SL 100.1,

Once again, IMF to decide gold’s fate!

By Geena Paul
NEW YORK : Again, the bullion market is abuzz with talks that the International Monetary Fund (IMF) is ready to offload its 191 tonnes of gold in the market. This means the IMF will sell its gold to one of the official holders of the metal after considering bids by all interested parties.

See crude slipping below $77.5/bbl near-term: Geojit Comm

Crude slipped nearly 2% to close to 79 dollars. Base metals were mired at lower levels as a robust dollar wiped out gains. Copper fell the most in almost three weeks after a report showed that confidence among US consumers slid to the lowest level since April.