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(fxcue news) - Indian shares were modestly higher on Thursday despite weak cues from global markets as Nvidia Corp. earnings lacked the wow factor to impress investors. The benchmark S&P/BSE Sensex rose 180 points, or 0.2 percent, to 81,965 in early trade while the broader NSE Nifty index was up 49 points, or 0.2 percent, at 25,101. Paytm rallied 2 percent after it received government approval to invest in its payments services business. Lemon Tree Hotels jumped 3.5 percent after it has signed a license agreement viz Lemon Tree Hotel, Ujjain, Madhya Pradesh. KEC International soared 7.3 percent on bagging new orders worth Rs 1,171 crores. PB Fintech rose over 2 percent after 1.75 percent equity stake changed hands in block deals. Reliance Industries edged up slightly ahead of its 47th Annual General Meeting taking place today. Also, the Competition Commission of India has cleared its deal with Disney. InterGlobe Aviation fell 1.2 percent after a block deal, with a total of 25.73 million shares changing hands on the NSE and BSE. P&G Hygiene tumbled 3.3 percent after declaring its quarterly results.

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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

Tokyo Overall Inflation Jumps To 2.6% On Year In August

Sensex

Singapore Shares Expected To Remain Rangebound

Steady Start Eyed For China Stock Market

Asian Markets Track Wall Street Lower

Japan Industrial Output Improves 2.8% In July

Crude oil trading research report: Iraq plans to cut production+US raises GDP growth rate, oil prices soar by over 2%

Australian Dollar Rises Against Majors

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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