Silver Forecast

Silver now trading at 52635 Downside: 1st Target 36000 2nd Target 32000 Kindly check the graph

(Please Note: The content of this report are based on my personal view)

Season Greetings

Dear Readers I thank all of you for your continued support Wishing you and your families a happy and joyful festive season!

Larsen and Tubro Forecast

Larsen now trading at 977...looks like it will touch 500 to 450 within 3 to 4 months time kindly check the graph

RUPEE OUTLOOK

RBI took measures to curb the speculation in Indian Rupee 1) First, it curbed trading in rupee forwards. Once cancelled, forward contracts could not be bought again, The new rule applies to domestic as well as foreign investors and takes effect immediately. (Forwards are agreements to buy or sell assets at a set price and date.) Forward contracts booked by foreign institutional investors, once cancelled, could not be rebooked. 2) RBI reduced the open positions dealers can maintain overnight. The impact of lowering the trading limits would be huge because banks would not be able to keep speculative positions open for a long time. The broad message the RBI is trying to give is that speculative tendencies have to be curbed and genuine demand and supply should be allowed to move the currency rate. My Advise: Rupee will not fall below 49.50..with this news you can expect it will come down maximum to 51.15…if 51.15 breaks then you can see falling to 50.50..but I personally feel it should not fall below 49.50……(58 to 60 is my ultimate target) (Please Note: The content of this report are based on my personal view)

Gold Outlook

Dear All Indian Gold Prices trading 27527…don’t buy… My Target 22000 within 4 to 6 months time Regards

Beware Of Nifty

9th December 2011


Dear All


I have got lot of calls for my blog and Lot of people are asking me what’s my outlook on NIFTY



Nifty now trading at 4879.95


Downside: 3300 within 1 year time


Fundamental News:

Depreciating Rupee---- High Inflation------European Debt Crisis----Political Instability




What the Technical Tell Us


It’s a downtrend since Jan 2011…If you look at the chart (Red Curve) its forming a Rounding Top or Lower Top, so anytime the market can crash down to 3300 with maximum upside potential to 5100 to 5300.



(Please Note: The content of this report are based on my personal view)

Euro Outlook

Dear All

This forecast was sent on

Sent: Tuesday, September 13, 2011 2:07 PM
Subject: Beware of Euro


Dear All

Euro is trading at 1.3587, Its going for a Free Fall…PLEASE… PLEASE.. DON’T TOUCH EURO

Target 1.08 within 1 year

Kindly check the graph

Regards

Euro is trading at 1.3587, Its going for a Free Fall…PLEASE… PLEASE.. DON’T TOUCH EURO

Target 1.08 within 1 year

Kindly check the graph

RUPEE OUTLOOK FOR 6 MONTHS TO 8 MONTHS TIME

Rupee now trading at 51.22



There is an expected Dip to levels of 50.50 and breach of that can also touch 49.40


But overall the projections that INR will depreciate to levels of 58 to 60 in 6 to 8 months time.


Kindly check the graph and the trailing mail


Regards

Please Note: If your risk appetite is more then please follow my advise, if not please stick to your views