On Tuesday at Interbank foreign exchange, Rupees fall by 177 paise against US dollar to 66.07 per dollar, rupees continue falling
against strong US currency due to increment in Dollar demand from
banker and persistent capital outflow.
Due
to weak currency Indian share market are fall in negative side ,
today SENSEX fall by -554.86 to 18003.27 while NIFTY fall by -177.05
to 5299.45 on day trading.
But
declination in Rupees support yellow metal to jump in market, on
intraday trading gold prices for future delivery jump by more than 3%
and touch an intraday high of 32933 per 10 gram. More increment are
looking on day trading and expected to crosses the new record of
33000 and more in upcoming session. While silver prices again show
the level of 55000 per kg at MCX after a long time. Silver prices for
future delivery look more high on evening trade and expected to cross
56000 on today trade.
BUY
GOLD OCT ABOVE 32750 TGT 32850, 32940,33050 STOPLOSS 32600
BUY
SILVER SEP ABOVE 55300 TGT 55400, 55550, 55700 STOPLOSS 54950
BUY
CRUDE OIL SEP ABOVE 7000 TGT 7015, 7030, 7050 STOPLOSS 6950
BUY
NICKEL AUGUST ABOVE 942 TGT 945, 948, 952 STOPLOSS 933
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