October is historically a good month for the NSE Nifty, and the high amount of shorts presents an ideal setup…
Gold has managed to breach its important psychological support of $1900. Next support zone for the gold emerges around $1850-$1835.
The short-term trend of the NSE Nifty 50 seems to have reversed up and a follow-through upmove could confirm a…
Yellow metal has traditionally been seen as a safe haven asset to protect against stock market volatility, typically providing a…
For the day traders now, 19,735 would be the immediate resistance level while 19,620 would act as a key support…
With FIIs increasing short positions in the Index, currently higher than the last month, Nifty is expected to continue facing…
US Federal Reserve held rates unchanged in line with expectations but hinted for one more rate hike in this year.…
For Nifty, the proximity of the 50day SMA at 19,626 lends credence to the prospects of a pause to the…
India’s Forex kitty dipped for the second week in a row to $593.04 billion, for the week ending September 15,…
On the daily candlestick pattern, gold had made the ‘Bearish Belt Hold’ candlestick pattern which is bearish in nature.
For the bulls now, 20,000- 20,030 could act as immediate resistance areas, while 19,825-19,775 could act as a crucial support…
If Nifty 50 manages to float above 20,180. If unable to do so, 19,550 could emerge as a downside objective,…
On the domestic front, data showed inflation in August eased to 6.83% as compared to 7.44% in the previous month…
Gold in MCX has made double bottom around the zone of 58,300 and any further weakness is only expected below…
For the traders now, 19900-19850 could be the key support levels, while 20100-20150 could be the immediate resistance areas for…
Agriculture remains a key driver of gold demand in India, and Rural India, where approximately 65% of the population resides…
Till the time Nifty doesn’t close below 19800 levels, dips could be an opportunity to enter into longs and hence…
The dollar index is expected to to face the hurdle near 105.50 and slip back towards 103.70 amid decline in…