Sensexfxcue.com

(fxcue news) - Indian shares moved in a narrow range on Monday before finishing closing modestly higher, led by IT, FMCG and banking stocks. Overall gains were capped due to weak global cues as investors looked ahead to the release of the U.S. jobs report due later in the week for additional clues on the Fed's rate cut trajectory. Money markets currently expect the Fed to cut rates by 25 basis points (bps) in September, with odds of a 50-bps cut diminishing further after last week's data. The benchmark 30-share BSE Sensex ended the session up 194.07 points, or 0.24 percent, at 82,559.84, after having hit a record high of 82,725.28 during the intra-day trade. Similarly, the broader NSE Nifty index closed up by 42.80 points, or 0.17 percent, at 25,278.70 after hitting a new high of 25,333.65 in the morning. SBI Life, Hero MotoCorp, HCL Technologies, Bajaj Finance and Bajaj FinServ jumped 2-3 percent in the Nifty pack while Hindalco led losses to close 2.6 percent lower. ONGC, NTPC, Tata Motors and Dr Reddy's Laboratories fell 1-2 percent.

Sensex

Sensex

South Korea Manufacturing PMI Accelerates In August - S&P Global

European Stocks Close On Mixed Note

Please sign in

Trader

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

Buy spot gold at 2665, take profit at 2673.

Tags

Sensex

Sensex

South Korea Manufacturing PMI Accelerates In August - S&P Global

European Stocks Close On Mixed Note

Please sign in

Trader

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

Buy spot gold at 2665, take profit at 2673.

Tags

关注我们的公众号