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23 December 2011
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Astromoneyguru: Gold to hit Rs 32000/10 grams in 2012
By Moneycontrol
Wishing a very happy new year 2012. According to Lt Col Ajay Jain, CEO of www.astromoneyguru.com , year 2012 is represented by Planet known as Mercury. As per astro economics Mercury is the planet of volatility and uncertainty. It‘s remain close to king of all planet Sun. There should be highest volatility in currencies and bullion market at international spot and future market during year 2012.
World stock market may also see 12% to 20% annual return from stock market. US Economy will be shown sign of improvement while Europe will remain under pressure. Indian economy will perform better in 2011. It is better to go with selected sector and stocks and timely profit booking is strongly recommended in stock market.
Now as per stars following predictions on stock, commodities and currency are as under;
1-Geo-political tensions – First quarter of New Year 2012 may develop Geo political tension in Afgnisthan, Pakistan, United Kingdom and other Asian countries. Difficult timing will be around February 2012. Key planets of India are Venus and Saturn. During February 2011 Saturn will turn retrograded with Mars. This is important astrological events for Middle East, and Asia since Saturn, Mars, Sun and Mercury are making special astrological yoga which may bring tension at global levels. Year 2012 will be very important for India and Asia since as per star India will play major role in world politics with help of USA and Japan.
Indian Stock market - As per astro economics, Sensex of Indian stock market may see upward movement and expected to give you 15% to 20% annual return from lower levels. By end of February and middle of March 2012, Indian stock market will see great upward movement, thereafter profit booking expected. It is important to note that every quarter all the sectors will not perform equally good or bad in stock market. Like first quarter of year 2012 is dedicated for oil & gas, metal, cement, fertilizer, railways and engineering stocks.
Right now great confusions and uncertainty in world stock market are seen. Indian stock market is one of the worst performers in world equity markets. Indian currency rupee is also seen vertical fall against US dollar. Indian rupee is seen between 54 and 56 against one US dollar in month of December 2011.
As per stars Indian economy is robust and Indian capital market is the one of the safest destinations for investment. Investors need to have patience and trust on steady growth of the Indian economy. Now year 2012 will be dedicated to agriculture and banking reforms. Indian government is expected to show interest in de-investment in certain public sector unites. Indian stock market is expected between 19000 to 20200 levels during year 2012. Traders need to focus on Tata steel, SAIL, Cairn India, Kalandee Rail, National Fertilizer, Sterlite Industries, Tata Motors, Mahindra & Mahindra, for the first quarter of year 2012. It is important to note timely profit booking is mandatory in stock market under uncertainty. I am very confident for Indian economy and capital market. Right now golden apporunity for foreign investors to invest in India stocks, they will get benefit of rupee depreciation and stock available at lower levels.
2-Bullion – Gold will be the safest investment for year 2012. Gold is expected to give around 30% annual return if invested right now. Right now gold is trading around USD 1600 an ounce. This is perfect levels for Investment for one year for around 30% annual return on investment. Silver is also good investment for year 2012. As per stars, silver may give you 20% to 25% annual return in commodities market. Silver may show upward move in spot and electronic trading at International and domestic bullion market. 2-3 years target for silver should be Rs 100,000 per kg
3- Crude oil is likely to see great upward movement. Upper levels of crude oil should be between USD 105 to 111 in international electronic trading. Profit booking in crude oil is likely to see by mid of February 2012. Timely profit booking is strongly recommended in commodity market.
4- Copper is also expected to give around 15% gain in spot and electronic trading in commodity market. Copper may see above Rs 422 levels per kg during year 2012 in electronic trading.
5- Euro may see some recovery against US dollars but US dollar remain dominate world currency market. Some Asian currency will also gain height.
6- GDP growth of India is expected to between 7.5% to 8.5 during year 2012-13.
6- GDP growth of India is expected to between 7.5% to 8.5 during year 2012-13.
7-Indian economy - A very special revolutions is expected during 2012 to 2013- in field of agriculture, banking, insurance, health care, energy sectors. Astro-economics says that India is going to bring great revolutions in field of power, infrastructure, educations, technical educations, health, sports etc. Indian economy will perform better in technical educations, power, infrastructure, telecommunication etc.
8-Most benefited state of India - Rajasthan, West Bengal, Bihar, Gujarat and Tamil Nadu, are in top of list for best benefited state of India during year 2012/
9-During year 20012-12, there are great chances that Indian and Chinese currencies may turn important currency in world currency club. Indian currency rupee may show strength against US dollar - expected levels for Indian rupee would be below Rs 49 -45 against one US dollar.
10- Indian writer or scientist is expected to earn name and fame at world levels. Indian electronic media may launch world services during 2012-13/
11- Political seen- As per stars, there should not be any problem for Congress (I). There will be some difficulties but with help of stars all problem will be solved. Some senior Congress leader may face problem during 2012.
12-The above advance predictions are made based on study of stars, and numerology.
Disclaimer: The views and investment tips expressed by investment experts/astrologers on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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