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(fxcue news) - Indian shares opened a tad lower on Tuesday after oil prices gained over 3 percent the previous day on heightened Middle East tensions, with the United States saying it's preparing for significant attacks by Iran or its proxies against Israel as soon as this week. The benchmark S&P/BSE Sensex was down 74 points, or 0.1 percent, at 79,574 in early trade while the broader NSE Nifty index was down 13 points at 24,334. HDFC Bank fell 2.3 percent. The weightage of the private sector lender in the Global Standard index will be raised in two tranches, MSCI said. SBI Life, Tata Motors, HDFC Life and BPCL were down 1-2 percent. Vodafone Idea dropped 1.4 percent despite narrowing its quarterly net loss. IRFC gained nearly 2 percent on reporting a marginal rise in its Q1 net profit. Bharti Airtel rose about 1 percent. Bharti Enterprises' latest investment in British firm British Telecom does not involve Airtel, said Chairperson Sunil Bharti Mittal in an interview. Cipla, Apollo Hospitals Enterprise and Hero MotoCorp all rose over 1 percent. Bajaj Finance and Bajaj FinServ were subdued after the RBI issued revised regulations for non-banking finance companies and housing finance companies.

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Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

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.

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Sensex

CAC-40 Muted Ahead Of U.S. CPI

Sensex

European Shares Seen Opening Up Ahead Of US Data Deluge

Sensex

Asian Markets Trade Mixed

Yen Falls Against Majors

European Economic News Preview: UK Unemployment Data Due

Sensex

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

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.

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