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Tuesday 28 January 2014

Commodity market outlook|RBI hiked repo rate to 8%

After the RBI hiked repo rate 8% commodity and Indian stock market trading lower all commodity seen in red sign.silver down rs 397 or 0.88% to 44817 from its close 45214 silver near to touch its intraday support range of 44780.00 RBI policy is affecting the commodity market.
   http://goio.gl/wlvIk

The RBI governor surprised the all investors to rise the repo rate by 25 paise to 8%. Base metal future contract trading down crude oil down 0.46%, natural gas down 1.39%,heavy declination seeing in natural gas, aluminium down 0.78%, copper decline 0.83%, nickel 0.74%, lead 0.95% overall base metal trading with negative side.This changes in both market affected by just after the RBI policy .

Friday 24 January 2014

No role to move back gold import checks|MCX precious metal tips

India is not idea any changes to its record import duty on gold and differentcurbs on imports until the currentrecorddeficit is sturdy under control.
Mcx commodity market open positive side in the morning session but its ready to going in red zone,gold silver showing green trend volatile movement happening in both precious metal.All base metal trading in good rally positive side Natural gas gains +2.22% to 303.60 its close 297 Good high plus movement seeing.While remaining all base metals trading with low positive points.
Sell gold at 29370 targets 29320/29280/29230 stoploss 29500
mcx silver buy above 44810 targets 45210/45410/45610 stop loss 44500


Wednesday 22 January 2014

Male Lucrative Businesses Women Can Do To Make Good Money In Nigeria



There is an old saying, “What a man can do, a woman can do even better”. What a man drives a car, a woman can drive a car; what he can become a doctor, she can become a doctor and so on. Any woman can go into a venture even if it is only for a man.

Nothing can stop a resolute woman from starting a male business. No one can forbid a woman from setting up a distributing male business if she still interests in or passionate about it. What God gives you a male business idea, no one can prevent you from starting a business. 

Here is what you can do to make cash in Nigeria or any other country.

1.Male shoe Industry: Maybe it is not fit for a woman, yet Oluyinka Oduwobi got a divine male business idea, “World Famous Fashion designer” from God when she prayed, asking God what business she could do for future while she was a campus student.

By this, she decided to become a male-and-female shoe fashioner even though she finished learning Technological Foods from higher school because she did not believed her eyes when she saw the same title as she was called to help him to polish his party shoes by her father. 

People like her shoe make-ups because of a quality she made, and her shoe make-ups are more original and quality than some people’s imported shoe make-ups. And you too can.

If you want to go into male shoe industry, I recommend you to study both female and male shoes professionally as an apprentice not locally. If you learn local shoe from people, people will run away from you. 

 2. Barbing Saloon: You know male hair stylists can do female hair styles. Why not you? I know you can. And you make money if you are internationally professional barber and also stylist. People will respect you. Don’t learn barbing from local barbers. 

3. Car cleaning business: I praise some women who bravely established a car cleaning business. They do car cleaning service themselves. What wonder! Why not you? I want to become more women in different cities. 

Imaging if you set up a car cleaning business plus either a canteen business or restaurant business in good location, I guaranteed you make money and still make more money if you give customers good service in smart environment.

4. Sports-viewing centre business: If you love reading sport news, watching football club or world cup, or speaking about football news, then you are in business that can earn you good cash, and you can if you know people around you who interest in watching football.

Imaging if you set up a Sports-view centre business plus a sport-betting agent or franchisee, I guarantee you can become a female millionaire. Stop excusing yourself that I have no money to start.

5. Mobile phone repairs business: I do not see or hear that women or girls establish GMS phone repairs business as their boss in any city. Let me tell you the truth you can. You can make money with it. What you can do to repair people’s fault phones is to spot faultiness and recover it using technological tools or format it. 

It is in hot demand. Repairing one person’s faulty GMS phone costs him or her #500, #1000 or #7000 a day, depending on phone or location. If you want to become a phone repairer, I recommend you to study repairing-phone tools from true professional engineers.

There are many other male businesses like laptop repairing business, bakery product business, vegetable agricultural business, soap product, etc you can do to succeed in business. Remember, God said in the bible, “I will bless the works of your hands. Whatever you lay your hands on shall prosper”.  

MCX commodity report for 22 january |mcx crude oil trading tips

Mcx commodity market started volatile note with negative side.Today no major movement seeing in market.MCx gold trading open at 29208.00 down 54 points or +0.18%.Gold trading low from two weeks.gold showing no changes from few session.Mcx silver trade at 44349.00 decline 131.00 or 0.29% silver touched intraday high of 44596.00 and a low of 44311.00.

MCX crudeoil price climbed rapidly from 2 days. In today crude oil trading around 0.49% to 5951 for a long term traders good chance to book profit in coming days.MCX Base metal market trade volatile mcx natural gas trading with gain 1.80 points or 0.66% to 275.10 will goes to intraday high of 277.60.

MCX natural gas sell at 274 target 278/280/282 stoploss 270
Mcx crudeoil buy above 5900 target 5970/6020 stoploss 5850

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Monday 20 January 2014

MCX commodity market trend bullish|Base metal trading tips for monday

After week off commodity market open negative side, Gold and silver trading positive side since morning.Yellow metal trading up 107 points or 0.37% at 29288.00.base metal showing down trend since morning In crudeoil heavy declination seen since morning. small bit of change seen
lead trading positive at 0.20 to 135.40.We expect afternoon market will goes to high in favour of bearish trend.
Gold silver trade positive zone but the movement not satisfying to traders.Gold for future delivery expected to trend with range of 29500-30000.
On monday market is not looking in mood trading high due to closing market.
Buy crudeoil above 5850 target 5900/5950 stoploss 5800
Buy zinc above 127 target 130.50/132.50 stoploss 125

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Wednesday 15 January 2014

Mcx Gold, silver trading tips|Base metal sluggish evening tips

On Wednesday a heavy downfall seen in commodity market since morning.Gold and silver trading lower from morning session.A sharply declines watched in white metal down 358 or 0.80% to 44583 from its close to 44941.

Sell gold below 28950 target 28600 stoploss 29200
Sell silver below 45000 target 44300/44200 stoploss 45500

High increment price seen in crude oil on Wednesday Crude oil looking high with 17 points or 0.30% at 5718.00 .A lazy movement are looking in aluminium open at 106.40.
Base metal market going to rise upside some movement expected to above their morning session.If we look at out copper flat trend seen from beginning market.

Tuesday 14 January 2014

How To Become A Major Kerosene Depot Distributor



First of all, I wish all of you Happy New Year. I hope you enjoy last Christmas and New Year? When we enter New Year in 2014, what is your New Year’s resolution? Write it and plan now. 

Let me tell you that Dual Purpose Kerosene is probably in highest market demand and per-litre profit of the commonly used petroleum products, PMS, AGO and DPK. The DPK is used for cooking and household domestic purposes e.g, lighting.

Even if cooking gas is used at home, a kerosene store is usually maintained, in case that cooking gas is empty. Kerosene business is very lucrative any body can lay their hands on either small or large scale.

But if you want to become a major kerosene player in the oil industry and make quick cash daily, you must have large capital to invest in as a major player. The following numbers that will get you started a kerosene business.

No.1:You must obtain a license from any DPR office closest to you. The Department of Petroleum Resources (DPR) of the license issued in the Ministry of Petroleum is the government agency that handles all matters pertaining to issuance of licenses and permits for operators in the oil industry.

No.2:You must have some supporting documents. It should be like VAT (valued Added Tax) certificate, Tax Clearance (for three years) and a bank draft for the license fees (either new or renewed). If so, then take it to the office for the application for kerosene license.

No.3:When get a license from the DPR office, you are allowed to sell more than 10,000 litres of kerosene in your (residential) store. But you are not allowed to store more than 10,000 or 33,000 litres in your residential compound unless you get a land for it or partner with any big quoted company like Fort Oil, etc of your choice as an oil player.
  
No.4:You need a fire extinguisher and other fire safety measures devices if you want to purchase and store than 33,000 litres of kerosene. 

No.5: And you can partner with either a filling station category or surface tank operators as a distributing player. The filling station category means owners/ or operators like Texaco, Fort Oil, Total, Mobil, Conoil, Oando, etc and the Surface Tank Operators means peddlers/ surface tank operators.

However, for Surface Tank Operators (STO), it is easy for you to start with less capital intensive than the filling station category.  If you want to become STO major kerosene distributor, then you are required to enter a product supply arrangement with any filling station of your choice or any of the existing Independent Oil Marketing companies.

When you do, then you will make the payment for your product into the sponsoring company’s account, and they will handle loading and transportation of the product for you. 

Petroleum Products Pricing Regulatory Agency (PPPRA), Nigerian National Petroleum Corporation (NNPC) and NUPENG are in pricing war. Maybe, PPPRA sell a litre of kerosene for just #90, NUPENG sell it to buyers for just #80 and NNPC sell it for real #50 because Government have paid for it. If you often read it in the paper, you will see the pricing war. Better ask them about the cost first before you decide.

HOW TO GROW KEROSENE BUSINESS FAST.

If you know for example, that there is no oil in Maiduguri and you boldly take risk by commanding high PEF which is called Petroleum Equalization Fund from Apapa, Lagos to Maiduguri for oil business, you will be compensated by the Federal Government. If you want it, go for it.

Thursday 9 January 2014

MCX crude oil tips|Gold, silver price today| Commodity trend

Today all commodity seen in red color only silver trading in green signal.But after this positive trend silver will go down in evening.Indian rupee impact to the commodity market the rupee close little change on tuesdayrupee trading at 62.17 per dollar rupee touched intraday high of 62.24 or intraday low of 62.12.

Crude oil jan contract trading lower from 2 days, crude oil prices trading up and down. A big downfall seeing in crude down 0.31% or 18 to 5769.00.Crude touch intraday high of 5775.00 and a intraday low of 5765.

sell goldbelow 28825 target 28720/28680/28530 sl 28889
Sell silver above 44400 target 43786/43500 stoploss 45050


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Monday 6 January 2014

Monday natural gas gain 0.35%|Today Commodity market bearish|gold, silver calls

Today gold silver prices go with a bearish trend after the negative open of Indian currency trading at 62.27 per dollar.Gold metal down 0.16% or 47 rs at 29133.00 per kg from open while white metal trading price are 45260.00 per kg decline with rs 215 or 0.47%.

MCX Lead, Zinc and Mentha oil no correction show from last few trading day.Bullion prices trading negative however move good in evening time.

BUY LEAD 135.10 TGT 135.55 135.95 136.50 SL BELOW 134.80

In base metal Only copper and Nickel trading in positive note with small bit of positive mark. Mcx copper resistance trading around 469 and support will be 464. Mcx nickel gain 0.35% to 868.10.

Buy Gold Feb above 29150 target's 29300 stop loss 29071

Buy Silver march above 45400 targets 45700(targets open) Stop Loss 45161.

Friday 3 January 2014

Mcx commodity gold trading tips|copper mcx tips

Today commodity market going to red side after yesterday bullish trend. Not such a big rally seen in Gold and silver.Silver prices trying to jump high but the pressure of  Indian rupee looking in commodity market Rupee extended its losses fell by 15 paise 62.41 per dollar.
Gold trade high from its open, Gold trading at 29215.00 up with 247 points or 0.85%.While silver startedat bit down points from close but good small cover seen in silver at evening session.

Buy Nickel target 882/892 stoploss 855

If we watch out Mcx copper short declines seen in this week copper trading at 45535.00 it touched intraday high level 45632 and intraday low of 45214.

Sell copper target 465/464/462 stoploss 475

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Wednesday 1 January 2014

01/01/2014 outlook for gold prices|Mcx base metal evening trading tips

On 1 January commodity market mutable in positive side in evening a small movement we can see in precious metal.MCX gold continued in its downtrend on the 1stday of 2014,Gold trade down 11 rs at 28433 per 10 grams.today silver opened at 43870 per kg fell by 105 rs.

The outlook for the gold and silver prices is restrained.

After the volatile market. MCX crude oil apen at 6124 see small bit of change in evening from its previous close.In the Mcx natural gas is showing no movement trading at 263.80.MCx aluminium trading today in a sideway trend trading at 110.45 aluminium price show some slight changes in evening session.

Buy silver above 43950 target 44050/44150/44250 stoploss 43735
Buy nickel above 470 target 471/472/474 stoploss 465

If we look on Indian rupee opened at flat note 61.88 per dollar in the evening session rupee seen high 61.99 in evening session.

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