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2024-09-13 4982

(fxcue news) - Indian shares were subdued on Tuesday as caution prevailed ahead of the crucial two-day policy meeting of the U.S. Federal Reserve starting later today. The benchmark S&P/BSE Sensex was down 100 points at 82,887 in early trade while the broader NSE Nifty index was down 17 points at 25,366. Tata Motors fell 2.2 percent after a block deal. Power Grid Corp, Adani Ports, Maruti Suzuki India and Eicher Motors were down 1-2 percent. SpiceJet tumbled 5 percent after launching a share sale to raise up to Rs. 3,000 crores. Bajaj Housing Finance surged 8.4 percent after stellar debut. Torrent Power climbed 5.5 percent on bagging a solar-wind hybrid project from the Gujarat government. Veefin Solutions rallied nearly 3 percent as the group announced the acquisition of three companies.

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U.S. Dollar Strengthens On Strong Retail Sales Data

European Stocks Close Higher Ahead Of Key Policy Meetings

法国央行预计该国2025年GDP将增长1.2%

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Sensex

U.S. Dollar Strengthens On Strong Retail Sales Data

European Stocks Close Higher Ahead Of Key Policy Meetings

法国央行预计该国2025年GDP将增长1.2%

Sensex

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12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

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Sensex

U.S. Dollar Strengthens On Strong Retail Sales Data

European Stocks Close Higher Ahead Of Key Policy Meetings

法国央行预计该国2025年GDP将增长1.2%

Sensex

Please sign in

Trader

12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

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