Monday, February 7, 2011

Silver is a great long term investment by FY 2013- 2014

Silver is a great long term investment by FY 2013- 2014


TRUE INFOTEC: I expect Indian silver prices to rise between INR 66,666 to 88,888 / kg and more by the end of FY 2013-2014 and any dip in silver around INR 31,111 to 27,777 / kg silver is a great long term investment.


CMP MCX BASE: 44600 / KG (7 Feb 2011)


In 2011, I do not expect silver to fall below INR 30000 / kg and below INR 27000 / kg in 2012.


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Report By: Pradeep Karnani
Research Analyst
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FOR PRIVATE CIRCULATION ONLY
DISCLAIMER
: Stock & Commodity trading is a high-risk movement. The above recommendations are based on Technical Analysis. Any major fundamental news or market sentiment can make these levels irrelevant or unsuccessful. The targets and time frame for the same mentioned above are indicative and may vary depending upon the market situation. Receivers are urged to exercise their own judgment in trading. Any action you choose to take in the markets is totally your own responsibility. We (TRUE INFOTEC) will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the commodities mentioned herein the writers may or may not be trading in the securities mentioned.

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