Friday, 17 June 2016

Intraday trading strategies of stock market

Intraday trading strategies of stock market - PressNews.biz



Sensex up 180 points at 26704,
Nifty upped by 50 points to open at 8190
US and Asian markets returned to the buying, the Indian Share Market is with the boom opening The 30-share BSE index
Sensex upped by 180 points at 26704 and Nifty
live chart
showing buy with 50 points to 8190 is open.

Key level for Nifty live
Today, a key resistance for the Nifty is 8150-8200 on the top side. The
down side is the key support of 8100-8050.

Gold upped Rs 580, Prices high
across 30,000 rupees.
Gold in global markets rapidly and domestic demand Rs 30,000 per ten
grams on Thursday moved across the stage. Technical
analysis software
shows Gold live
chart
increased Rs 580 to Rs 30,250 level which reached its highest level
in five weeks. Rs 42 050 to Rs 700 per kg, while silver reached. In the Commodity market, gold has surpassed
31000 rupees, which is the 2-year high.

Why the increased gold and
silver prices?
     
Domestic market demands from jewellers and gold
prices have gained it.
     
Industrial units and coin makers demand, the
price of silver has gained.
     
Given global uncertainties in the Federal
Reserve's interest rates unchanged, this has benefited gold.
     
In addition the Federal Reserve to raise
interest rates further has given no sign. Therefore, investors are buying gold
as a safe.
     
The world's major currencies after the Fed’s
decision against the dollar have fallen. Dollar Index declined 0.2 percent
today.

Commodity market (MCX) gold over
31000.
     
Commodity futures exchange MCX Gold prices on
Thursday at Rs 31,000 per ten grams, went across.
     
In the futures market, the highest level in two
years. The first time since May 2014 the price of gold has crossed 31,000.
     
Gold prices rally in the last few days
continues. 8 out of the last 10 trading sessions trading session in gold
remains upward.
     
Since the beginning of the year so far in the
futures market, gold has given a return of 24 per cent. Gold in 2016 than the equity market returns.

With modest gains of 1 paisa,
rupee open at 67.20 / $
Indian rupee against the dollar in Friday's intraday trading session marginally by 1 paise higher at 67.20 is
open. While Thursday's session of currency
market
, fell by 6 paise against dollar in Indian rupee had closed at 67.21
levels.

On Thursday, the rupee fell by 6
paise


On Thursday, the rupee fell by 6 paise to close at 67.21 levels. However,
Wednesday's trading session rupee had closed at 67.15. 

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