Monday 25 July 2016
Technical analysis intraday trading strategy Nifty down 49 points open at 27754,Global cues expensive gold, silver across 46000.
Sensex down 49 points open at 27754 and the Nifty down 21 points open at 8520.
Asian markets are getting dull signals the opening of the Indian stock market has declined. As per technical analysis software the Sensex down by 49 points to open at 27754 and the Nifty technical chart down 21 points to open at 8520.
Rupee 10 paisa down to open at 67.18 / $ level.
In currency market the first intraday trading session of the week, the rupee opened 10 paisa down to 67.18 levels. Whereas, on Friday against the dollar Friday, the rupee had closed at 67.08 with a gain of 9 paisa.
Global cues expensive gold, silver across 46000.
In Commodity market continued strength in the global market and domestic market purchases from jewellers seeing bullish trend in gold prices today. Silver also took support of strong industrial demand. Gold price up by Rs 120 per 10 grams to Rs. 30770 in the spot market. Silver price rose by Rs 500 to Rs 46,200 per kg Silver by industrial units and coins makers buying up trend. Gold prices saw the ECB's statement after the European Central Bank had indicated the stimulus package will continue. Gold prices saw the ECB's statement after the European Central Bank had indicated the stimulus package will continue. The ECB said the stimulus package would be increased according to need. This saw an increase in gold prices.
In global commodity markets, gold livechart upped by 1.17 percent to $ 1331 per ounce and silver by 1.88 per cent to $ 19.74 an ounce reached. Indian shares market, gold of 99.9 and 99.5 per 30, 770 per carat Rs 120 per ten grams to Rs 30 620-carat rose gold. However, sovereign remained steady at eight grams gold per 23400. Like gold, silver live chart also upped by Rs 500 to Rs 46,200 per kg reached. The price of silver coins remained flat.
Posted by Easylivetrade Easylivetrade