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(fxcue news) - Indian shares were little changed on Wednesday as investors anxiously awaited domestic and U.S. inflation prints for directional cues. The benchmark S&P BSE Sensex was up 31 points at 81,541 in early trade, while the broader NSE Nifty index was up 21 points at 24,631. Grasim, Nestle India, Britannia Industries, Tata Consumer Products and UltraTech Cement rose 1-2 percent in the Nifty pack while IT stocks such as Tech Mahindra, Wipro and HCL Technologies were down between half a percent and 1 percent. NTPC Green Energy rallied 2.5 percent after bagging a 500 MW solar project order from Solar Energy Corporation of India (SECI). Maruti Suzuki India added half a percent after saying it will use multiple technologies to reduce carbon emissions. Indian Overseas Bank jumped 2.3 percent after receiving an income tax refund of Rs 1,359.29 crore pertaining to the assessment year 2015-16. HG Infra Engineering soared 3.2 percent on bagging a Rs. 763-crore order from the transport ministry.

Sensex

Bank Of Canada Slashes Interest Rates By Another 50 Basis Points

Pound Rises Against Most Majors

Australian Dollar Rises Against Majors

European Shares Poised For Mixed Open Ahead Of ECB Rate Decision

Asian Markets Trade Mostly Higher

Japanese Market Sharply Higher

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Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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Sensex

Bank Of Canada Slashes Interest Rates By Another 50 Basis Points

Pound Rises Against Most Majors

Australian Dollar Rises Against Majors

European Shares Poised For Mixed Open Ahead Of ECB Rate Decision

Asian Markets Trade Mostly Higher

Japanese Market Sharply Higher

Sensex

Sensex

Please sign in

Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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