Thursday 14 July 2016

Stock market as per intraday trading software nifty open at 8565 and Rupee strong by 3 paisa, Gold dropped after 3 days of gains

The Sensex upped 24 points to 27,966 and Nifty opened at 8565 without changes.

US and Asian markets on the back of strong signals from the opening of the Indian share market have been rapidly. As per technical analysis chart software the sensex index up 24 points to 27966 level and the NSE index Nifty chart opened at 8565 is unchanged.

Nifty may fall to 8200 levels

All stock market indicators are signalling that the market has reached a state of over-bot. The sharp decline in the market can bring any negative trigger. In case of declines, the Nifty chart may fall to 8200 levels.

Rupee strong 3 paisa at open 66.88 / $ level.

Friday's in currency market intraday trading session, the rupee strengthened by 3 paisa at 66.88 is open. Thursday's session, the Indian rupee reached a month high. The rupee strengthened by 14 paisa to close at 66.91. However, Wednesday's currency trading session rupee had closed at 67.05.

Gold dropped after 3 days of gains, silver up in stalemate.

Due to global Commodity market cues Gold prices have down after 3 days of gains. Gold and silver prices have declined after several days of gains.  On Thursday, gold fell by Rs 285 to Rs 30650 per ten grams level reached. Gold prices fall due to weak global cues and a slowdown in Indian demand has been reported. According to traders, the decline in the price of gold from the global market because of weak signals has been reported. Gold fell 0.4 per cent in the international market has reached a level of 1337.54 dollars per ounce. With this firmly in the rupee against the dollar has affected gold prices. Pressure on the price of gold imports is expected to be cheaper. With gold and silver prices have declined after 4 days of gains. Silver Rs 400 per kg fell on Thursday at Rs 46500 has occurred.

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