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(fxcue news) - Indian shares struggled for direction in early trade on Friday as investors awaited cues from U.S. Federal Reserve Jerome Powell's speech at the ongoing Jackson Hole Economic Symposium. Markets are looking for new clues on the timing and pace of possible interest rate cuts by the Fed this year. The BSE Sensex was down 4 points at 81,049 while the broader Nifty index was virtually unchanged at 24,811. Bajaj Auto rose nearly 3 percent after it became the first automotive (auto) original equipment manufacturer (OEM) to receive a domestic value addition (DVA) certificate for all 15 electric models. Apollo Hospitals Enterprise, Hero Moto Corp, Tata Motors and Coal India all rose around 1 percent. FSN E-Commerce Ventures rallied 3.3 percent and Ambuja Cements advanced 1.6 percent after block deals. Adani Power rose 1.3 percent after It received approval from the NCLT Hyderabad bench to acquire Lanco Amarkantak Power. On the flip side, Wipro, LTIMindtree and Titan Company all fell over 1 percent. Shriram Finance edged down slightly after it received regulatory approval for selling its entire stake in Shriram Housing Finance Limited to Mango Crest Investment, an affiliate of Warburg Pincus.

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Australian Market Modestly Higher

Cato Q2 Net Income

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Sensex

Pound Rises To Against Majors

Japanese Market Modestly Lower

Japanese Market Significantly 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

Sensex

Australian Market Modestly Higher

Cato Q2 Net Income

Sensex

Sensex

Pound Rises To Against Majors

Japanese Market Modestly Lower

Japanese Market Significantly Higher

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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