SMI – Market Outlook for 3rd October 2012

Posted By : Kishore B.S

As I write this view today on Account of the 143rd Gandhi Jayanthi, and compare it with the ongoing events on the Political front it really amazes me as to the scenario which are almost the same. During those days the mahatma made protests for the Liberalisation of the Country and today we are protesting for furthering liberalisation of the Economy which are contrasts. The Indian

Precious Metals & Crude Oil Weekly Outlook – 14th Sep 2012

Posted By : Kishore B.S

GOLD: [caption id="attachment_791" align="aligncenter" width="572"] Gold Technical Chart[/caption]   Gold after its dream rally from the price levels of 30000 to current price levels of 32000 is facing some resistance to further higher levels. The reason for the same is that the metal has appreciated by nearly 10% within a small time frame of a month. The charts above are indicating that the Metal is now

Precious Metals Weekly Outlook – 4th July 2012

Posted By : Kishore B.S

Precious Metals Outlook: GOLD: [caption id="attachment_607" align="aligncenter" width="569"] Gold Technical Chart[/caption] The metal Gold has depicting in the Graphs above have in the downward trending channel from the last few sessions after witnessing the dramatic upmove from the 29000 levels to the 30300 levels. The metal has been moving in this channel and has been indicating that the trend for the short term could be negative

Precious Metal Weekly Outlook – 28th June 2012

Posted By : Kishore B.S

GOLD: [caption id="attachment_587" align="aligncenter" width="563"] Gold Technical Chart[/caption]   The precious metal Gold which was in the upward trend for quite some days has stalled and has been in the profit booking mode. Now as the charts indicate the commodity has broken down of the upward trending line around the 30030 mark. Now with the trend line broken the metal is all set for some profit

Precious Metal Weekly Outlook – 13th June 2012

Posted By : Kishore B.S

Precious Metals Outlook: GOLD: [caption id="attachment_521" align="aligncenter" width="573" caption="Gold Technical Chart"][/caption] As Envisaged during the article written a fortnight back on this precious commodity wherein it was stated and mentioned regarding the formation of a Flag pattern breakout after the metal closed above the 29400 mark on a Weekly basis. The charts above indicate that the pattern is still intact as long as the support level

Precious Metal Weekly Outlook – 5th June – SMI

Posted By : Kishore B.S

Hi Friends !!!! Precious Metals Outlook for the week..... GOLD: Gold has been in the continuous upmove for the last one year scaling up from the price levels of 22000 to the current price of 30000 giving a whopping returns in excess of 30% thereby distinguishing itself as one of the best performing Assets in the world. The appreciation of the price has left many spellbound

Precious Metals Weekly Outlook – 30th May – SMI

Posted By : Kishore B.S

Hi Friends !!!! GOLD : Gold has been in the consolidation phase for the last few sessions with the commodity moving between the price range of 28740-29160 which is very tight and narrow. The consolidation can be seen in 2 different angles for traders and investors alike.   The first angle would be to short with stoploss around 29280 levels on rallies above the 29000 mark

SMI-Precious Metals Outlook – 23rd May 2012

Posted By : Kishore B.S

GOLD:   [caption id="attachment_431" align="aligncenter" width="562" caption="Gold Technical Charts"][/caption] Gold made an amazing upmove during the last week bouncing back exactly from the support level of 27800 to reclaim the peak of Rs. 29100 again. As witnessed time and again the commodity has been facing resistance around the 29400 mark and this level needs to be watched out for with caution. Given the momentum of the

SMI-Precious Metals Outlook – 15th May

Posted By : Kishore B.S

Hi Friends !!!!! Please watchout for Precious Metal Outlook as below: GOLD: Now with the correction that has set in this commodity which has been tremendous and huge in the last 2 months some amount of skepticism has been created in the minds of investors and traders alike. As envisaged in the last week the correction was expected to the support levels of 28600 and below that

Market View for 11th May

Posted By : Kishore B.S

Hi Friends !!!!!   The markets seem to be resilient and also on the downward drift which seems to be slow and yet likely to reach the target level of 4880 soon if the minor support level of 4930 does not hold. The graphs too are indicating that the downward trend is likely to continue after the failure of the indices to maintain the upward trend