Traders are advised to be on the same route for the target of 64.80 – Swastika Investmart Ltd

Swastika Investmart

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Source: Swastika Investmart Ltd TODAY’S OUTLOOK In yesterday’s trading session we have witnessed a bounce back; however we are expecting short player will use this bounce back to double their positions. Momentum indicators are indicating further weakness ahead in this pair. For intraday, traders are advised to go for short…

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We expect CPO prices to trade sideways – Angel Commodities Pvt Ltd

CPO

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  Source: Angel Commodities Pvt Ltd Chana Chana prices traded higher on futures market yesterday on concern over supplies as festive demand increases. Chana Nov futures closed higher by 1.39% at Rs. 5,246 per quintal. With pulses prices skyrocketing, stateowned MMTC has invited global bids for import of 1,000 tonnes…

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Market Mantra: The Money Daily – October 14, 2015

Market Mantra

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Market Mantra   Weak Wednesday in store! HUL results, WPI in focus.   The fundamentals of most emerging markets seem to be changing for good going by the investments done by Exchange traded funds (ETFs) last week. They reportedly invested nearly $1bn in emerging markets and the good news is…

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Sell GBPINR @ 100.00 Target 99.20 – Sushil Finance

GBPINR

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USDINR A rise in some food prices lifted Indian retail inflation in September after it had hit a record low in the previous month, but inflation is expected to remain low thanks to falling global commodity prices. Poor monsoon rains have led to drought in some parts of the country…

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Market Mantra: The Money Daily – October 13, 2015

Market Mantra

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Market Mantra   Flat start as fatigue sets in   After a winning week, the indices gave some way on Monday triggered by a lower guidance by Infosys. The tech major delivered a strong operational performance in Q2 FY16 with constant currency revenue growth exceeding expectation and margin improvement in-line.…

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Sell Natural Gas @ 166 Target 156 – Sushil Finance

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Source: Sushil Finance   Gold Gold rose to a seven-week high on Friday after minutes from the Federal Reserve’s last policy meeting showed the U.S. central bank was in no hurry to raise interest rates, pressuring the U.S. dollar. Prices were supported by Fed minutes released on Thursday, suggesting the…

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Buy Silver Around 36160 Tareget 38100/38948 – Way2Wealth

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  Source: Way2Wealth Silver As anticipated, MCX Dec Silver prices edged higher last week. It surged almost 2289 points on w-o-w basis and ended in a comfortable buying zone by violated its falling trend-line resistance at 36160 levels, which will act as a support for near future. Now the short-term…

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Euro is expected to trade positive as weakness in the US Dollar Index. – Angel Broking Pvt Ltd

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Source: Angel Broking Pvt Ltd Dollar/INR The Indian Rupee appreciated by 0.9 percent in the last week as recent lackluster economic data releases from the US along with the dovish release of FOMC meeting minutes has raised fears that the Federal Reserve will not raise key interest rates any time…

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Technically gold is under fresh buying – Kedia Commodity Ltd

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Source: Kedia Commodity Ltd Gold Gold settled up 0.67% at 26622 after minutes from the Federal Reserve’s last policy meeting showed the U.S. central bank was in no hurry to raise interest rates, pressuring the U.S. dollar. Prices were supported by Fed minutes released on Thursday, suggesting the central bank…

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