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MCX TECHNICAL REPORT 10 DECEMBER Intra-day strategy for MCX BULLION is given below Support for MCX GOLD FEB. Delivery is seen at 28940 and 28750 levels while resistance is seen 29260 and 29430 levels. Support for MCX SILVER MAR. Delivery is seen at 43700 and 43300 levels while resistance is...

DAILY MARKETS TREND Sensex rallies 330 points at close; realty, banks, capital goods surge. Asian shares advance on China trade, falling yen. Jindal Steel and Power slumps on Congress poll showing. Bharti Airtel inks pact with Punjab govt. JSW Steel posts 78% growth in...

Intra-day strategy for MCX bullion is given below Support for MCX Gold FEB Support is seen at 28720 and 28480 levels while resistance is seen 29200 and 29400 levels. Support for MCX Silver MAR Support is seen at 43580 and 43000 levels while resistance is seen at 44500 and 45000 levels...

Support for CURRENCY USDINR Support is seen at 61.7500 61.6500 and 61.5000 levels while resistance is seen 61.950062.0500 and 62.2000 levels. Support for CURRENCY EURINR Support is seen at 84.4500 84.3500 and 84.2000 levels while resistance is seen at 84.6500 84.8000 and 84.9500 levels...

WEEKLY COMMODITY TECHNICAL REPORT 02 DECEMBER TO 06 DECEMBER 2013 Gold: China emerges as top global consumer. China continues to be the largest consumer of largest varieties of commodities produced in the world; and as 2013 draws to a close, the dragon country is going to be the top global...

Markets moved in tight range for most part of the week due to F&O Expiry and bounced in the last session and closed on a strong note. Nifty future on weekly charts took support of 21 day EMA last week and sustained on higher side this week. If the positive momentum continues then in coming weeks...

Intra-day strategy for MCX bullion is given below Support for MCX Gold December Support is seen at 29950 and 29800 levels while resistance is seen 30350 and 30500 levels. Support for MCX Silver December Support is seen at 43620 and 43250 levels while resistance is seen at 44400 and 44860...

Markets again witnessed a volatile session and moved in the same tight range since and finally settled on a flat note and ended the November Expiry series with a loss of more than 3%. Nifty future is constantly facing resistance of its 21 day EMA of 6120 and dropped towards the support of 6060...

Intra-day strategy for MCX bullion is given below Support for MCX Gold December Support is seen at 29800 and 29600 levels while resistance is seen 30150 and 30350 levels. Support for MCX Silver December Support is seen at 43620 and 43250 levels while resistance is seen at 44500 and 44900...

Intraday strategy for CURRENCY MARKET is given below Support for CURRENCY USDINR Support is seen at 62.5500 62.4500 and 62.3000 levels while resistance is seen 62.8500 62.9500 and 63.1000 levels. Support for CURRENCY EURINR Support is seen at 85.1000 85.0000 and 84.8000 levels while...

Markets opened on a flat note and remained volatile moving in a tight range for the whole session and settled on a flat note ahead of November F&O Expiry series. Nifty future on daily charts will remain in weak zone till it sustains below 23.6% retracement of 6082. It is in a state of...

India Bullion prices are likely to trade sideways to bullish on Wednesday and intraday traders are advised to buy on dips considering major support level as stop loss. Intra-day strategy for MCX gold and silver is given below Support for MCX gold December delivery is seen at 30000 and 29800...

India Bullion prices are likely to trade sideways to bullish on Wednesday and intraday traders are advised to buy on dips considering major support level as stop loss. Intra-day strategy for MCX gold and silver is given below Support for MCX gold December delivery is seen at 30000 and 29800...

Intraday strategy for CURRENCY MARKET is given below Support for CURRENCY USDINR Support is seen at 63.5000 – 63.3500 and 63.1500 levels while resistance is seen 63.8500 – 64.0000 and 64.2000 levels. Support for CURRENCY EURINR Support is seen at 85.0500 – 84.9000 and 84.7500 levels while...

Chana Chana futures opened higher on account of short coverings as well as rumors that duty on imports of pulses may be imposed. Also, there are worries over acreage on the back of excessive soil moisture as well as diversification towards wheat in MP. However, prices could not sustain at...

Gold futures bounced back in the Asia electronic session today after tumbling to as low as $ 1305.2 an ounce yesterday its lowest level since 17th October 2013. The metal was weighed down by strong gains in the US dollar against the Euro yesterday after the European Commission lowered its...

JPY/INR The Japanese Yen appreciated by around 0.3 percent yesterday taking cues from mixed global market sentiments, leading to rise in demand for the low yielding currency. GBP/INR The Sterling Pound traded on a flat note yesterday on the back of strength in the DX. Also, mixed global...

Gold Gold prices declined around 1.4 percent yesterday on the back of strength in the DX. Further, declining trend in SPDR Gold Holdings acted as a negative factor. Holdings in the world’s largest gold ETF have slipped to 872.02 tonnes. Silver Spot silver prices declined around 3.5 percent...

Highlights US Federal Reserve maintained status quo on QE in yesterday’s meet Indian equities yesterday touched at highest level in last three years. US ADP Non-Farm Employment Change fell to 130,000 in October. Spanish Flash GDP gained 0.1 percent in the quarter ended Sept...

Base Metals Base metals traded higher yesterday on the back of positive economic data from the Euro Zone. Also, delay in QE taper by the Federal Reserve in the FOMC meet yesterday acted as a positive factor for the base metals group. However, strength in the DX coupled with mixed inventories...