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Articles in the Commodities Category

[25 Jul 2008 | No Comment | 4 views]

ShareIts time to speak about inflation as yesterday’s inflation data eases little bit fromits all time peak 11.91% to 11.89% during the week ended july 12,marginallylower than the previous week annual rise.
There is a direct link between exchange rate and inflation. Assumethat suppose exchange rate decreases from Rs 43/dollar to 40/dollar.Then the price of the imported product that cost $1000 cost us only Rs40,000 rather than paying 43,000. So Rs 3000 or nearly 7.5% of yourmoney got saved if rupee appreciates. Very simply, rupee appreciation will combat rising …

[29 Jun 2008 | No Comment | 6 views]

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Stock : Cairn Energy
CMP : Rs 275
Target : Rs 300 and 340
 
Few Days Back Arun in his blog has initiated a buy call in Cairn Energy. And here i like to produce the technical perspective of
the Cairn Energy.
 
Overall the Indicator performance of Cairn Energy is indicating a Buy signal. MACD is good and the Stock looks bit oversold
and trying to form a new uptrend despite the downtrend in this stock from May-June 2008. If this stock Manages to close
above 285 then we can expect higher target upto Rs 340. But Resistance for this …

[29 Jun 2008 | No Comment | 254 views]

Share What are the major types of crude oil?
Crude oil is classified as ‘sweet’ and ‘sour’, depending upon its sulphur content. Sweet crude has less than 0.5 per cent sulphur content whereas sour crude has more than 0.5 per cent. Sour crude oils are cheaper than the sweeter variety. They are more complex and expensive to refine. Some of the well-known varieties of crude oil are Brent (sweet), Dubai (sour), Nigerian Bonny Light (sweet), West Texas Intermediate (sweet), Urals (CIS) (sour) and Suez Blend (sour).India largely imports the sour variety. …

[24 Jun 2008 | No Comment | 3 views]

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Nifty CMP : 4191
 
 
-RBI Interest rate hikes
 
-US Housing sales record slide
 
-High Crude Oil Prices
 
-High Inflation @ 11%
 
All these factors says that will be seeing atlease 3900  in Nifty by this week
 
Source:
www.marketcalls.in

[12 Jun 2008 | No Comment | 3 views]

ShareNifty Spot Price : 4539
 
Todays closing and markets hefty recovery from days low of 4392 lead to an opening
of a mini uptrend, but weak channel formation as shown( see red channel).
 

Click the Chart to get Enlarged
This Channel suggests that probably we are at the bottom if we are not to face
any hard sentiments in the market. As the bandwith of the channel is less ( <200)
and so do the weaker trend. Any hard market sentiment may likeky to break this
mini trend formation.
 
Factors Possibly that can Break this trend are …

[22 May 2008 | No Comment | 129 views]

ShareNifty Spot Price : 5025
 
 
Nifty today started with a great bang downwards due to fear of Oil hitting a new record high of 135$/Barrel
Dow Sheds more than 200 pts last wednesday added the fire to the oil. Will Fridays Market can show any
positive sign for upwards? Will Nifty Down below 5000 levels?
 
As Yen Started weak today at 102.88 which has strict support at 102.75/Dollar. We also notified to our
sms subscribers that if Yen dips below 102.75/Dollar there is a chance of huge selling pressure from FII Investors
Speaking Technically,Yen bounced …

[11 May 2008 | No Comment | 2 views]

ShareNifty Spot price: 4982
Only negative cues prevailing for tommorow’s market. Inflation and Crude Oil fears to demolish traders and Investors sentiment.
So what we can expect from tommorow’s market. Traders are in thought that is there any chance of sustaining the uptrend what we saw last month? Will bulls restore the place of bears despite global weakness? And what nifty charts are telling whether to short nifty or to go long at lower levels?
Taking all these things we had made a safest futures and option strategies in Nifty to be …

[18 Apr 2008 | No Comment | 16 views]

ShareNifty Movement Analysis:
 
Our Market is expected to open on a weak note despite global sentiment. But this sentiment wont
last long as Positive sentiment overtakes negative sentiment in market movement little bit.
Weakness may prevail on Monday and Thursday.
 
 
Negative Sentiment:
 
- 50Bps CRR Hike from RBI in two phases which is negative for banking & realty stocks
- Short Selling to be start from APR 21st onwards
- Crude Oil inches to new record high at 116$/barrel
- Nifty is nearing expiry on 24th April
 
Positive Sentiment:
 
- Yen weakens agains dollar and currently trading at 103.68/dollar. So No fresh …

[16 Apr 2008 | No Comment | 4 views]

ShareCrude touches 114$/barrel. Have an short term target of 120$/barrel
Oil prices steadied Wednesday above $113 a barrel after setting a record on growing concerns about insufficient global supply.
Oil surged to an all-time high of $114.08 a barrel Tuesday after a high-profile report by the International Energy Agency said Russian oil production dropped this year for the first time in a decade.
Analysts said growing investor demand for commodities _ which have performed better than other financial instruments _ also helped prop up prices.
“This is really driven by investors purchasing oil because …

[11 Mar 2008 | No Comment | 43 views]

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Citi India Conference 2008: Day 1 Takeaways
Conference takeaways — Everest Kanto spoke with investors at the Citi IndiaInvestor Conference 2008. Here are some of the highlights of that presentation.
Robust industry outlook reiterated — Management stated that the growth outlook for CNG cylinders remains extremely robust, especially in the MiddleEast and South East Asia. CNG vehicle population is expected to grow by ~800K vehicles/yr in Iran, ~250K/yr in Pakistan, and ~200K/yr (combined) inother countries such as Thailand, Malaysia, Philippines, Indonesia, etc. TheIndian market also looks set for rapid growth with increased …