Buy USDINR @ 66.90 – 66.80 Target – 67.30 / 67.40 – Angel Broking Pvt Ltd

USDINR

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Source: Angel Broking Pvt Ltd NSE USDINR December (CMP – 67.0925) NSE USDINR December as seen in the weekly chart above has opened the week with gap up at 66.64 levels and during this week high and low were the same levels (66.6375). Later on prices could not able to…

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Buy USDINR on dips @ 66.8 Target 67.5 – Way2Wealth

USDINR

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USDINR Prices have completed the bullish head and shoulders chart pattern on the daily. Projected target as per the chart pattern is around 68.7. Daily RSI is on the verge of entering the overbought zone. Decline if any should be used to initiate long positions. Buy USDINR on dips @…

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Sell Natural Gas @ 152 Target 145 – Sushil Finance

Natural Gas

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Source: Sushil Finance   Gold Gold dropped almost two percent to a near six-year low on Friday, set for a sixth straight weekly decline under pressure from a firm U.S. dollar and prospects of a U.S. interest rate rise next month. Gold was hit by the dollar’s advance. The greenback…

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Market Mantra: The Money Daily – November 30, 2015

Market Mantra

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Market Mantra   Hopes on GST! Flat start in offing for Sensex, Nifty   Hopes are high on the GST Bill front after Prime Minister Narendra Modi warmed up to a meeting with Sonia Gandhi and Manmohan Singh to discuss the same on Friday. The Indian market managed to carve…

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Buy Cotton Around @ 15940 Target 16170/16330 – Way2Wealth

Cotton

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Source: Way2Wealth   Aluminum MCX Nov Aluminum’s near-term uptrend has intact by violating its “descending channel” trend-line resistance at 97.80 levels and managed to close well above the same. Further rally is likely in-line towards 61.8% Fibonacci level 101.90 & 103.30 levels. However, any dip can be utilized to accumulate…

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Buy Ahluwalia Contracts (India) Ltd For Target Rs. 312 – SPA Securities Ltd

SPA Securities

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Source: SPA Securities Ltd ACIL’s quarterly numbers were largely in-line with our estimates driven by improved execution in some of its key projects. While revenues improved by 17.3% in Q2FY16, operating margins improved by 56 bps to 12.5%, owing to better margins orders booked over the past 18 months. Order…

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Copper trading range for the day is 295.4-316.6. – Kedia Commodity Ltd

Copper

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Source: Kedia Commodity Ltd Gold Gold settled up 0.23% at 25281 gained on Rupee weakness while Comex Gold hovered close to its lowest level in nearly six years steady at $1,072.20 an ounce on Thursday as liquidity was thin due to the U.S. Thanksgiving holiday. While prices are on track…

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Market Mantra: The Money Daily – November 27, 2015

Market Mantra

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Market Mantra   Parliament in focus! Flat start for Sensex and Nifty   The government may well buy into the argument of the Congress party and accept a revenue neutral rate of 18% for GST even as the industry and government are keen to push a rate between 20- 22%.…

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Terling Pound is expected to trade positive – Angel Broking Pvt Ltd

Angel Broking

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Source: Angel Broking Pvt Ltd Dollar/INR The Indian Rupee depreciated by 0.2 on Tuesday owing to fresh monthend dollar demand from importers and banks that kept the currency pressurized. Moreover, foreign institutional investors have been net sellers of over Rs 5,000 crores worth equities so far this month. This acted…

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