• posted by IMV |
  • 28/1/2019

The base metal (lead) is performing very well and heading towards north side for the time being. Overall every candle is making successively higher highs and higher lows on the chart and generating bullish signal. Earlier it was trading and sustaining within the symmetric triangle price pattern and tight range in the mid of the month was followed by explosive breakout on daily chart. In the end of the year 2018 we have mentioned in...

  • posted by IMV |
  • 13/1/2019

Gold... Sustainability is the major issue above 32000 mark   Support at 31850---31400 and resistance at 32150---32500   Break and sustain below 31850 will take to 31650---31400 mark. More and more downside panic will see only weekly close below 31400 else it could test its resistance level of 32150 again.   Close above 32150 will take to 32350---32500....

  • posted by IMV |
  • 22/10/2018

Gold future prices are trading lower, as the U.S. dollar strengthened after minutes from the Federal Reserve’s September meeting cemented expectations for more interest rate hikes by the U.S. central bank. Investors preferred the dollar as the U.S.-China trade war unfolded against a background of higher U.S. interest rates. Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in...

  • posted by IMV |
  • 19/10/2018

Gold future prices are trading in a narrow range, as renewed weakness in global stock markets spurred investors to seek refuge in bullion, which has also been helped by an improved technical outlook. Renewed weakness in equity markets might trigger additional buying in gold. Gold continues to look well supported by short-covering and fresh buying after it recently installed a short-term uptrend. U.S. stocks fell on Thursday as weak...

  • posted by IMV |
  • 17/10/2018

Gold future prices are trading higher, as risk-averse investors sought refuge amid rising political tensions and economic uncertainty. Prices recently seen supported amid rising tensions between Western powers and Saudi Arabia and concerns over the pace of global economic growth. U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two...

  • posted by IMV |
  • 31/8/2018

Economic Times ● NCLT approves merger of Idea-Vodafone ● Banks drag Sensex lower, rupee falls beyond 70.80 against US dollar ● Paytm Mall to host BigBasket on its app in fight with Flipkart, Amazon ● Govt set to give green signal to ₹ 5,000 crore UTI AMC IPO ● DoT seeks ₹ 1,626 crore for clearing Airtel-Tikona merger Business Standatd ● From GDP growth to black money, costs outweigh...

  • posted by IMV |
  • 30/8/2018

शेर अगर दो कदम पीछे हटे, इसका मतलब ये नही कि वो डर गया Above quote is for Nifty and USDINR as both are slightly lower from the top while Crude oil rallied once again in recent days. Don't judge the market because here a quote follows nicely that  TREND IS YOUR BEST FRIEND.  Every one is waiting from 10600 mark  'KI MERE KARAN ARJUN AAYENGE' means soon Index will take reversal and will see sharp downside move in the...

  • posted by IMV |
  • 30/8/2018

Gold traded sideways amid mixed sentiments in the global market. The delayed in North American free trade agreement (NAFTA) curbed the dollar gains and supported the safe heaven prices. But in the recent development in NAFTA the inclusion of Canada supported the dollar gains again which in turn curbed the gains on gold prices as could be witnessed by limited gains in safe heaven prices today. Also, the recent dramatic ending of...

  • posted by IMV |
  • 29/8/2018

Gold traded sideways amid mixed sentiments in the global market. The delayed in North American free trade agreement (NAFTA) curbed the dollar gains and supported the safe heaven prices. But in the recent development in NAFTA the inclusion of Canada supported the dollar gains again which in turn curbed the gains on gold prices as could be witnessed by limited gains in safe heaven prices today. Also, the recent dramatic ending of US-China...

  • posted by IMV |
  • 28/8/2018

Gold traded lower higher amid weaker dollar index. The ongoing tiff between U.S president Donald trump and the FED is putting pressure on dollar prices and supporting safe heaven prices at lower levels. The FED wants to increase interest rate in September for cutting down high inflation but U.S president is reluctant to increase interest rate as he thinks that the prosperity in U.S economy will be harmed if interest rate gets increased....