GOLD SILVER VIEW WEEKND Our Spot #Gold Range Prediction from 10/03/2025 to 16/03/2025 is as under.
Gold Spot :2838$-2933$
Gold INR : 83700-86500
Our Spot #Silver Range prediction from 10/03/2025 to 16/03/2025 is as under.
Silver Spot: 31.30$-32.91$
Silver INR: 93550-98400
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Last weekend good profit achieved in gold silver
Search in ideas for "COMMODITY"
GOLD SILVER VIEW WEEKND Our Spot #Gold Range Prediction from 10/03/2025 to 16/03/2025 is as under.
Gold Spot :2838$-2933$
Gold INR : 83700-86500
Our Spot #Silver Range prediction from 10/03/2025 to 16/03/2025 is as under.
Silver Spot: 31.30$-32.91$
Silver INR: 93550-98400
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Last weekend good profit achieved in gold silver .......
GOLD SILVER VIEW Our Spot #Gold Range Prediction from 10/03/2025 to 16/03/2025 is as under.
Gold Spot :2838$-2933$
Gold INR : 83700-86500
Our Spot #Silver Range prediction from 10/03/2025 to 16/03/2025 is as under.
Silver Spot: 31.30$-32.91$
Silver INR: 93550-98400
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Last weekend good profit achieved in gold silver
GOLD SILVER VIEW WEEKNDOur Spot #Gold Range Prediction from 10/03/2025 to 16/03/2025 is as under.
Gold Spot :2838$-2933$
Gold INR : 83700-86500
Our Spot #Silver Range prediction from 10/03/2025 to 16/03/2025 is as under.
Silver Spot: 31.30$-32.91$
Silver INR: 93550-98400
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Last weekend is good profit achieved..
GOLD UPDATE Our Spot #Gold Range Prediction from 06/03/2025 to 07/03/2025 is as under.
Gold Spot :2890$-2930$
Gold INR : 85000-86450
Our Spot #Silver Range prediction from 06/03/2025 to 07/03/2025 is as under.
Silver Spot: 31.88$-32.44$
Silver INR: 93500-98100
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
SILVER STBT UPDATE Our Spot #Gold Range Prediction from 06/03/2025 to 07/03/2025 is as under.
Gold Spot :2890$-2930$
Gold INR : 85000-86450
Our Spot #Silver Range prediction from 06/03/2025 to 07/03/2025 is as under.
Silver Spot: 31.88$-32.44$
Silver INR: 93500-98100
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
GOLD STBT UPDATE Our Spot #Gold Range Prediction from 06/03/2025 to 07/03/2025 is as under.
Gold Spot :2890$-2930$
Gold INR : 85000-86450
Our Spot #Silver Range prediction from 06/03/2025 to 07/03/2025 is as under.
Silver Spot: 31.88$-32.44$
Silver INR: 93500-98100
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Patanjali stock Long Let’s analyze **Patanjali Foods Limited** (previously known as **Ruchi Soya Industries**), which is one of the key companies under the Patanjali group and focuses on food products, including edible oils, soya foods, and other packaged products.
### **Fundamental Analysis of Patanjali Foods Limited**
#### **Overview of Patanjali Foods Ltd.**
- **Sector:** FMCG (Fast-Moving Consumer Goods)
- **Industry:** Edible Oils & Food Processing
- **Parent Group:** Patanjali Ayurved (owned by Baba Ramdev and Acharya Balkrishna)
- **Headquarters:** Haridwar, India
- **Market Cap:** Approximately ₹50,000 crore (as per the latest reports)
Patanjali Foods is one of India’s leading companies in the edible oil and food products sector. It produces a range of products such as edible oils (under the brand name "Patanjali"), soya, and other processed foods. It has a strong presence in the Indian market, particularly after it was acquired by Patanjali Ayurved and rebranded as Patanjali Foods.
#### **Key Financials (Latest Report)**
- **Revenue Growth:** The company has shown strong growth due to its expanding product portfolio and aggressive marketing strategies. In recent years, Patanjali Foods has benefitted from the rising demand for healthy cooking oils and packaged food products.
- **Profitability:** The company’s margins have been under pressure in some years due to raw material price fluctuations (e.g., the cost of edible oils). However, Patanjali Foods remains relatively profitable.
- **Debt Levels:** Post-acquisition, Patanjali Foods has focused on reducing its debt levels and improving financial health, but it still carries some debt from its past operations before the acquisition.
- **Brand Recognition:** The Patanjali brand has a significant impact on consumer purchasing behavior in India, and its market positioning has helped it maintain a competitive edge in the food sector.
#### **Valuation Ratios**
- **P/E Ratio:** Patanjali Foods has benefited from its acquisition and transformation, but its valuation can fluctuate based on commodity price trends and the competitive landscape in the edible oils sector.
- **P/B Ratio:** Given its strong brand, Patanjali Foods may command a premium valuation compared to other food sector companies.
- **Dividend Yield:** The company pays a dividend, reflecting a strong cash flow and a shareholder-friendly approach, though the yield might vary year-to-year depending on profitability.
#### **Industry & Macro Trends**
- **Edible Oil Market:** The demand for edible oils continues to rise, especially healthy oils such as sunflower, soybean, and mustard. Patanjali Foods benefits from this trend by offering a variety of edible oil products.
- **Health-Conscious Consumers:** As consumers become more health-conscious, Patanjali's focus on natural and Ayurvedic-based products positions it well in the market.
- **Competition:** Patanjali Foods faces competition from other major edible oil brands like Marico (Saffola), Adani Wilmar (Fortune), and Hindustan Unilever (Listerine).
---
### **Technical Analysis of Patanjali Foods Limited**
If you were analyzing **Patanjali Foods Ltd.** from a technical standpoint (assuming it were a publicly traded stock), the following would apply:
#### **Price Action:**
- **Current Price:** The stock price would fluctuate based on market sentiment, commodity price movements, and company announcements.
- **Chart Patterns:** Look for potential patterns such as bullish triangles, head and shoulders, or cup-and-handle patterns that could indicate breakout opportunities or price consolidations.
#### **Key Levels:**
- **Support Levels:**
- **₹1,000-₹1,050:** Historically, stocks in this price range tend to find support. If the stock moves below this level, it may trigger further declines.
- **₹900-₹950:** This zone would likely act as a second line of defense if prices drop further.
- **Resistance Levels:**
- **₹1,200-₹1,250:** A critical resistance level, as it represents a key psychological barrier. A breakout above this level could lead to further bullish movements.
- **₹1,350-₹1,400:** The next level of resistance where significant selling pressure might come in.
#### **Moving Averages:**
- **50-Day Moving Average (50-MA):** If the stock is above the 50-day MA, it suggests short-term bullish sentiment.
- **200-Day Moving Average (200-MA):** A stock trading above the 200-day MA shows long-term strength. If the stock breaks below this level, it would indicate weakening momentum.
#### **Momentum Indicators:**
- **RSI (Relative Strength Index):** The RSI helps determine whether a stock is overbought or oversold. An RSI above 70 would indicate overbought conditions, while an RSI below 30 would indicate oversold conditions.
- **MACD (Moving Average Convergence Divergence):** A positive MACD line crossing above the signal line would indicate bullish momentum, while a negative MACD could point toward bearish signals.
#### **Volume Analysis:**
- **Volume Trends:** Rising volume during an uptrend indicates strength. If the volume increases during price declines, it could indicate selling pressure.
- **Volume Spikes:** Large volume spikes at key support or resistance levels could indicate significant shifts in market sentiment.
---
### **Conclusion:**
- **Fundamental Strengths:**
- Patanjali Foods is a strong player in the Indian edible oils and food products sector, benefiting from the growing demand for natural, healthy products.
- The company has a solid brand presence, which helps it maintain a competitive edge in an increasingly crowded FMCG space.
- The company's focus on health-conscious products has helped it gain market share in the oil and packaged food sectors.
- **Technical Outlook:**
- Key support lies around ₹1,000-₹1,050, and resistance near ₹1,200-₹1,250. A breakout above these levels could signal further bullish movement.
- Moving averages, RSI, and MACD would be important to monitor to gauge the stock's short-term and long-term trend.
Patanjali Foods' strong brand equity, along with the overall positive sentiment in the FMCG sector, makes it an interesting stock to watch for potential investment, assuming it follows the growth trajectory of its parent company, Patanjali Ayurved.
---
**Disclaimer:**
The information provided is for educational purposes only and should not be construed as financial or investment advice. I am not a SEBI-registered advisor, and this analysis is not a recommendation to buy, sell, or hold any securities. Accuracy and timeliness of the data cannot be guaranteed. Always conduct your own research or consult with a professional before making investment decisions. I do not take responsibility for any losses incurred.
GOLD SILVER UPDATE THIS WEEKEND Our Spot #Gold Range Prediction from 17/02/2025 to 21/02/2025 is as under.
Gold Spot :2822$-2910$-2936$
Gold INR : 82900-85550-86300
Our Spot #Silver Range prediction from 17/02/2025 to 21/02/2025 is as under.
Silver Spot: 31.03$-32.58$-33.42$
Silver INR: 92250-96850-99350
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade...
GOLD UPDATE THIS WEEKEND Our Spot #Gold Range Prediction from 17/02/2025 to 21/02/2025 is as under.
Gold Spot :2822$-2910$-2936$
Gold INR : 82900-85550-86300
Our Spot #Silver Range prediction from 17/02/2025 to 21/02/2025 is as under.
Silver Spot: 31.03$-32.58$-33.42$
Silver INR: 92250-96850-99350
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
GOLD UPDATE THIS WEEKEND Our Spot #Gold Range Prediction from 17/02/2025 to 21/02/2025 is as under.
Gold Spot :2822$-2910$-2936$
Gold INR : 82900-85550-86300
Our Spot #Silver Range prediction from 17/02/2025 to 21/02/2025 is as under.
Silver Spot: 31.03$-32.58$-33.42$
Silver INR: 92250-96850-99350
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Gold outlooks next weekOur Spot #Gold Range Prediction from 13/01/2025 to 18/01/2025 is as under.
Gold Spot :2605$-2710$
Gold INR : 76200-78800
Our Spot #Silver Range prediction from 13/01/2025 to 18/01/2025 is as under.
Silver Spot: 28.30$-30.80$
Silver INR: 86450-92900
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
GOLD OUTLOOK FOR NEXT WEEKEND Our Spot #Gold Range Prediction from 13/01/2025 to 18/01/2025 is as under.
Gold Spot :2605$-2710$
Gold INR : 76200-78800
Our Spot #Silver Range prediction from 13/01/2025 to 18/01/2025 is as under.
Silver Spot: 28.30$-30.80$
Silver INR: 86450-92900
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
GOLD OUTLOOK FOR NEXT WEEK Our Spot #Gold Range Prediction from 13/01/2025 to 18/01/2025 is as under.
Gold Spot :2605$-2710$
Gold INR : 76200-78800
Our Spot #Silver Range prediction from 13/01/2025 to 18/01/2025 is as under.
Silver Spot: 28.30$-30.80$
Silver INR: 86450-92900
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.....
SILVER OUTLOOK NEXT WEEK Our Spot #Gold Range Prediction from 13/01/2025 to 18/01/2025 is as under.
Gold Spot :2605$-2710$
Gold INR : 76200-78800
Our Spot #Silver Range prediction from 13/01/2025 to 18/01/2025 is as under.
Silver Spot: 28.30$-30.80$
Silver INR: 86450-92900
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Gold silver Outlook next week Our Spot #Gold Range Prediction from 13/01/2025 to 18/01/2025 is as under.
Gold Spot :2605$-2710$
Gold INR : 76200-78800
Our Spot #Silver Range prediction from 13/01/2025 to 18/01/2025 is as under.
Silver Spot: 28.30$-30.80$
Silver INR: 86450-92900
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
GBP/NZD Trade Analysis (Sell Position)GBP/NZD Trade Analysis (Sell Position)
Technical Analysis:
Trend Analysis:
GBP/NZD shows a rejection near the 2.21279 resistance level (highlighted in red), indicating bearish momentum.
The pair has broken a short-term upward rally, signaling potential trend reversal.
Support & Resistance:
Resistance Zone: 2.2100–2.2130 (red rectangle), which aligns with the recent rejection.
Support Levels (Take-Profit Zones):
1st Target: 2.1463
2nd Target: 2.1184
3rd Target: 2.0547 (Key support on the chart).
Fundamental Analysis:
GBP Sentiment:
The UK economy faces challenges such as high inflation and uncertain growth amid the Bank of England's cautious stance on rate hikes.
Recent data may show stagnation in the UK, which weakens the GBP.
NZD Sentiment:
The Reserve Bank of New Zealand (RBNZ) has paused interest rate hikes but retains a relatively hawkish tone compared to other central banks.
Improved commodity exports (dairy and agriculture) strengthen the NZD.
Key Factors to Watch:
UK economic data: Inflation, GDP, and labor market conditions.
New Zealand’s trade balance and commodity prices.
Risk sentiment: A risk-off environment typically supports the NZD over GBP.
Trade Summary:
Trade Direction: Sell
Entry Level: Current price (~2.19175)
Stop-Loss: Above 2.2130
Take-Profit Targets:
TP1: 2.1463
TP2: 2.1184
TP3: 2.0547
This setup combines technical rejection at resistance with bearish GBP fundamentals and resilient NZD support. Keep an eye on macroeconomic events for confirmation
Tata Steel Bull Call Spread !!! Amazing opportunityTata Steel after taking support on 50 DEMA has resumed its upward trajectory. Chinese central banks have decided to ease monetary policy by 50 basis points following the feds but fundamentally to support growth as economy has been slowing down. This is good news for global commodity markets because slow Chinese economy dumps commodity in the global market. Tata steel is likely to benefit with its recent capacity expansion. Price action supports this theory. One might position to benefit by employing bull call option strategy.
NEXT WEEK READY FOR GOOD PROFIT Last week we predicted that Gold can touch 2526$ on higher Side, It actually touched 2529$ on higher Side.
Our Spot #Gold Range Prediction from 09/09/2024 to 13/09/2024 is as under.
Gold Spot : 2471$-2545$
Gold INR : 70800-72900
Our Spot #Silver Range prediction from 09/09/2024 to 13/09/2024 is as under.
Silver Spot: 26.78$-28.66$
Silver INR: 79500-85050
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
STARTEGI [CHEK MY PROFILE NO.)Last week we predicted that Gold can touch 2526$ on higher Side, It actually touched 2529$ on higher Side.
Our Spot #Gold Range Prediction from 09/09/2024 to 13/09/2024 is as under.
Gold Spot : 2471$-2545$
Gold INR : 70800-72900
Our Spot #Silver Range prediction from 09/09/2024 to 13/09/2024 is as under.
Silver Spot: 26.78$-28.66$
Silver INR: 79500-85050
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
STRATEGIES [CHEK MY PROFILE]Last week we predicted that Gold can touch 2526$ on higher Side, It actually touched 2529$ on higher Side.
Our Spot #Gold Range Prediction from 09/09/2024 to 13/09/2024 is as under.
Gold Spot : 2471$-2545$
Gold INR : 70800-72900
Our Spot #Silver Range prediction from 09/09/2024 to 13/09/2024 is as under.
Silver Spot: 26.78$-28.66$
Silver INR: 79500-85050
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
GOLD NEXT MOVEMENT Last week we predicted that Gold can touch 2526$ on higher Side, It actually touched 2529$ on higher Side.
Our Spot #Gold Range Prediction from 09/09/2024 to 13/09/2024 is as under.
Gold Spot : 2471$-2545$
Gold INR : 70800-72900
Our Spot #Silver Range prediction from 09/09/2024 to 13/09/2024 is as under.
Silver Spot: 26.78$-28.66$
Silver INR: 79500-85050
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade. ( you can directly chat) check my profile






















