ALERT ALERT ALERT 24.04.2013
Gold 34500(10 Gm)
Silver 78000(1 KG)
My Target for Nifty for Next 1-2 years are
4400
Dow 11000
Nasdaq 1900
01.Dow and NASDAQ at their peak with no change in global economic scenario,
02.Indian Market is bouncing like ping pong ball on Global cues and News Flows,nothing concrete development in Indian scenario.
03.All Industrial production figures on extreme lows.
04.Inflation continue on its rise(Though WPI showing some relief but Inflation will continue to rose).
05.Government is increasing DA of central Govt employees irrespective of the fact that they don`t have money to pay,and increased DA leads to more inflation as purchase power employees will increase.
06. Raw material ,increased labor cost ,ineffective govt policy tends to put more pressure on industrial productivity.
Under these condition i feel reverse of present condition will likely to happen.
A. Indian as well as global Equity Market will melt down badly and will break all previous lows.
NEAL BHAI :- 9999974733, 9899900589
