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2024-09-23 1066

(fxcue news) - Indian shares opened slightly higher on Thursday to hit new highs, tracking firm cues from other Asian markets and a sharp fall in crude prices overnight as Libya supply concerns eased and China demand worries persisted. The benchmark S&P/BSE Sensex was up 185 points, or 0.2 percent, at 85,356 in early trade, while the broader NSE Nifty index rose 49 points, or 0.2 percent, to 26,053. LTIMindtree, SBI Life, Tata Consumer Products, Tata Motors and Maruti Suzuki India climbed 1-2 percent in the Nifty pack while ONGC and Hero MotoCorp fell around 2 percent each. PB Fintech plunged more than 7 percent after the Policybazaar parent company said it is exploring a strategic entry into the healthcare sector. ASK Automotive tumbled 3.4 percent on reports of stake sale by promoter Kuldip Singh Rathee. SpiceJet rose 1.4 percent after resolving a $16.7 mn dispute with Engine Lease Finance Corporation.

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Asian Markets Trade Mostly Higher

Australian Market Slightly Higher

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Japanese Market Sharply Higher

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Sensex

Asian Markets Trade Mostly Higher

Australian Market Slightly Higher

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Japanese Market Sharply Higher

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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

Asian Markets Trade Mostly Higher

Australian Market Slightly Higher

Sensex

Japanese Market Sharply Higher

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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