• 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 |
  • 30/7/2018

Gold traded sideways amid mix sentiments in global market. The on-going war of words between Iran and U.S is creating uncertainty in global market which in turn is supporting safe heaven prices. On the other hand, the market participants are eyeing on upcoming FED meet to gauge the scenario of interest rate. Before FED meet a rise in dollar index was noticed which further lid the gains in gold. As per the recent data by CFTC a total of...

  • posted by IMV |
  • 10/7/2018

Gold traded with mixed tone today amid weaker than expected U.S economic data boosted sentiments for safe heaven and supported the price. A considerable fall in dollar index was noticed after U.S wages growth 0.3% against 0.25% last month further depreciated dollar. The ongoing trade tension between major economies is slowing down the further economic growth of the countries. The market participants are eyeing the recent...

  • posted by IMV |
  • 04/7/2018

Technical Level      Copper Our sell call from 458/451—439 has proven great Now what to expect? Support at 438 and Resistance at 448. Break and close below 438 will take it to 425—418 marks else could touch its resistance level of 448. Fresh buying can be initiated only on close above 448 marks. Trade with levels only. Nickel...

  • posted by IMV |
  • 26/6/2018

Gold traded lower today amid potential meeting possibility between China and U.S to resolve ongoing trade tension between two major economy of the world. Slight rise in dollar index further curbed the prices. Also 10 years U.S treasury bond yields rose which indicated the odds of increasing interest rate in U.S.A. If this happens we may see further pressure on the safe heaven as it is a dollar denominated asset. Market participants will...

  • posted by IMV |
  • 22/6/2018

Technical Level     Copper Our sell call from 458—452 has proven great Now what to expect? Support at 451 and Resistance at 460. Break and close below 451 will take it to 440—434 and then 425 marks else could touch its resistance level of 460. Fresh buying can be initiated only on close above 460 marks. Trade with levels only. Nickel...