Market today

Market looking to open downside due to free flow selling pressure market today cover in first half so one can buy nifty at open around 4730 with sl of 4705 for a target of 4770-80 intraday.
Still more downside come in market ,yesterday disappointed IIP data i feel data is not a matter sometime high fluctuated doesn't mean growth is worst ,but worry of concern still more pain ahead in Indian economy to come.
Dowjones and NASDAQ down almost 1%each and euro zone index down 3% ,showing global cues are bad so opening in India and Asian market weak today.

World economy :whats ahead

World economy is in deep trouble these days ,American and European pain continue in all financial sector including stock market and currency also.

Today we just think about role of us and European economy and impact on world of it,after 2008 recession in America people hoping for better tomorrow as government take action to pull out us economy to stability and take it on track of growth for better tomorrow,i also add here people hoping much because of new idea and step taken by Barack Obama with new hope and horizon .

now at present what make us and Europe in big trouble first market not able to manage growth in true line only industry growth showing because of relaxation given by government on taxes and interest rates their balance sheets showing much better but truly there were no sign of growth in sales to boost us economy .

In that case higher commodity price also add to create pain full for economy ,number of jobless claim risen day by day,interest of international investor also not join USA,big revenue expenditure during war by us.

all impact on us economy hurt European reason also and since 2008 a negative zone buildup in Europe also ,countries in Europe also face problem and attachment of each other impact rest of European region too and now world top economy of us and Europe in deep trouble now heavy fiscal deficit over these countries make situation very dangerous to them.confidence of people all over the world also hurt to invest in these country ,now we have to watch impact of slowdown all over the world my view is coming six month is very poor for world economy and now Asia also join this rally due to business attachment with them .

More bad situation on path in coming days so better to stay on cash and wait for better tomorrow and i feel investor need to look for long term investment is golden opportunity in coming months .

image source: topnews

GOLD SILVER FREE TIPS

Gold close on 21620 after touching a high of 21914 and a low of 21612 down 284 rs.from its previous close silver also down almost 1100 rs.and close at 49868 before making a low of 49538.
In silver and gold seems in downtrend in near future also my advice investor to invest in silver if it comedown nearly at 43000 ,invest in partially and physically for long term investment if an investor seeing where to invest for good long term investment out of option like mutual fund ,reality,stock market and currency, in my view silver is best bet for whom who want good appreciation in 5 -7 year investment

list of commodities

list of commodities

two exchange in commodity trading in india here list of commodity are
1 bullions
gold,silver and platinum
2plantation
rubber
3pulses
chana
4metals
aluminium,copper,lead,iron ore,mild steel,nickel,tin and zinc
5energy
atf,bremt crude oil,crudeoil,gasoline,natural gas and heating oil
6oil&oil seeds
crude palm oil,kapasya khali,refined soya oil and soyabeen
7serels
barley,wheat and maize seed
8spices
cardamom,coriander and turmeric
9others
almond,mentha oil,gaur seed,potato and sugar

stock picks for 28-08-09 friday

as market recover from low seem market trying to gpo upside with lot hurdle , some stock psecific agagin in market today showing good buying