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(fxcue news) - Indian shares opened lower on Tuesday as caution crept in ahead of the Federal Reserve's interest-rate decision on December 18. The benchmark S&P/BSE Sensex dropped 493 points, or 0.6 percent, to 81,255 in early trade while the broader NSE Nifty index was down 150 points, or 0.6 percent at 24,519. Among the prominent decliners, Bharti Airtel, Grasim, Reliance Industries, Bajaj FinServ and Shriram Finance were down 1-2 percent. Life Insurance Corporation of India shares rose about 1 percent. The insurer has unclaimed maturity amounts of Rs 880.93 crore in 2023-24, the parliament was informed. Tata Consumer Products was down 1 percent after reports that it "will calibrate" its plans to open Starbucks stores in the near term. Mindspace REIT fell 1.4 percent after 9.2 percent equity changed hands in a block deal. HDFC Bank dropped 1 percent after receiving a warning from SEBI over non-compliance with listing regulations. Wipro was marginally lower on news it will acquire Massachusetts-headquartered IT services consulting firm Applied Value Technologies (AVT) for $40 million.

Sensex

Yen Falls Against Majors

Australian Market Extends Gains In Mid-market

Yen Falls Amid BoJ Rate Hike Uncertainty

Swiss Franc Weakens Against Most Majors

China Economic Data Offers Mixed Picture

Swiss Market Closes Slightly Up

Sensex

Asian Shares Mixed As China Data Disappoints

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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

Yen Falls Against Majors

Australian Market Extends Gains In Mid-market

Yen Falls Amid BoJ Rate Hike Uncertainty

Swiss Franc Weakens Against Most Majors

China Economic Data Offers Mixed Picture

Swiss Market Closes Slightly Up

Sensex

Asian Shares Mixed As China Data Disappoints

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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