Sensexfxcue.com

(fxcue news) - Indian shares struggled for direction in early trade on Tuesday, tracking weak cues from global markets and ahead of the presentation of the Union Budget 2024 later in the day. The benchmark S&P/BSE Sensex was up 6 points at 80,508 while the broader NSE Nifty index was down 12 points at 24,496. Apollo Hospitals Enterprise, Grasim, ITC, NTPC and Eicher Motors gained 1-2 percent while ONGC, JSW Steel, BPCL, Hindalco and Shriram Finance dropped 1-2 percent. Suzlon Energy jumped 5 percent after Q1 net profit surged 200 percent. Inox Wind rallied 2.3 percent on expectations that the finance minister will announce extension of Inter-State Transmission System (ISTS) tax waivers and increased capex announcements for the renewable energy sector in the Budget. MRPL tumbled 3.3 percent after quarterly net profit plunged 93 percent. RailTel Corp surged nearly 3 percent on securing a contract worth Rs. 186.81 crore from the Ministry of Railways. Gensol Engineering soared 5 percent after it emerged as the winning bidder for 116 MW (150 MWp) of solar projects in Gujarat,

Sensex

DAX Rebounds As Markets Watch US Political Developments

CAC 40 Rebounds As China Cuts Interest Rates

Dollar Mostly Subdued

TSX Snaps 3-day Losing Streak

Sensex

Commodity Currencies Slide

European Shares Seen Opening Mixed Ahead Of Key Earnings

Asian Shares Decline As Biden Withdraws From Presidential Race

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

Tags

Sensex

DAX Rebounds As Markets Watch US Political Developments

CAC 40 Rebounds As China Cuts Interest Rates

Dollar Mostly Subdued

TSX Snaps 3-day Losing Streak

Sensex

Commodity Currencies Slide

European Shares Seen Opening Mixed Ahead Of Key Earnings

Asian Shares Decline As Biden Withdraws From Presidential Race

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

Tags

关注我们的公众号