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(fxcue news) - Indian shares were sharply higher in early trade on Friday as the latest weekly jobless claims data came in below forecasts, boosting investors' confidence in the U.S. economy. The benchmark S&P/BSE Sensex jumped 830 points, or 1.1 percent, to 79,715 while the broader NSE Nifty index was up 240 points, or 1 percent, at 24,358. Eicher Motors surged 4.2 percent on reporting a 20 percent rise in Q1 net profit. Tata Motors, Grasim, Mahindra & Mahindra and ONGC surged 2-3 percent. LIC gained 1 percent as it posted 9 percent growth in quarterly net profit. ABB India rallied 3.4 percent after quarterly profit jumped 50 percent year-on-year. Sobha climbed 2.3 percent despite Q1 consolidated net profit falling 50 percent on low revenue. Vedanta advanced 1.2 percent after reportedly putting a plan to sell its steel business on hold. SAIL declined 1.5 percent and Rail Vikas Nigam tumbled 3.6 percent after posting disappointing quarterly results. IRCON International dropped 1.1 percent on reporting lower revenue in the first quarter.

Sensex

Asian Markets Track Wall Street Higher

Japanese Market Sharply Higher

Sensex

Asian Markets Track Wall Street Higher

Swiss Market Ends Modestly Higher

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Trader

EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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Sensex

Asian Markets Track Wall Street Higher

Japanese Market Sharply Higher

Sensex

Asian Markets Track Wall Street Higher

Swiss Market Ends Modestly Higher

Sensex

Please sign in

Trader

EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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