nifty-future

Global Stock futures and Nifty Future decline

nifty-future

Nifty Future lost last three days gains.

Nifty Future Dec. is declined 8,597.50 and -27.75 down points (-0.32%) cause of RBI policy.

U.S. stock futures fell Monday and Asia markets diverged as investors returned in earnest from the Thanksgiving Day holiday.

Hong Kong’s Hang Seng index plunged 2.6% as police used pepper spray and clubs against protesters demanding democratic reforms in the semi-autonomous Chinese territory.

In Tokyo, the Nikkei 225 index rose 0.8%. After markets closed there on Monday, Moody’s downgraded Japan’s sovereign debt.

In mainland China,  a manufacturing survey showed activity weakened in November, adding to signs an economic slowdown is deepening. The Shanghai composite index traded flat.

Dow futures fell 0.5%, S&P 500 futures declined by a similar amount and Nasdaq futures were down 0.3%.

European shares traded lower.

Wall Street stocks ended mostly lower Friday.

Today, early morning i have updated down jones and nifty future charts with Profit Booking level 8617 and exactly Nifty future follow that level. for more  reading about Nifty Future research: Nifty

mcx gold

MCX Tips on Gold, Silver, Crude oil, Natural gas & Zinc

mcx gold and silver

We’re looking bullish trend in Gold for half trading session. It should be open upward with minor different from closing level. It closed at 30472 level with gain 225 rupees (from prev. close). Targets: 30,640 – 30,780
If gold opening bell with decrease then you should take expert advice to make trade safely. Risk and stoploss level always updated for premium clients by SMS only!

Forex traders: Keep in mind, COMEX Gold will surely hit or may close above 1380+ level at tonight.

Let me say you something, I got too many mails about Silver move. If you’re asking me about Silver trend then I should to say, “I don’t know!“, what I know – I’m updating here!

mcx crude oil

I am expecting more blood from crude oil with Targets: 5932-5907-5860 below. Yep, I will not say in detail everything but keep in mind opening bell because if open positive some pressure then may kiss again 6047-6100 level.

mcx zinc

Make your first trade safe with metal Zinc. I will not take your time more, targets: 120.6-120.2. Don’t hold on it for long time and once look at opening bell before make your trade.

mcx-natural-gas

Read more

Free forex tips on Global & Indian Currency pairs

 

EURUSD ⇣

After 3 days of positive trend current rise should over near 1.3671 then it may move down to 1.3611 – 1.3595 levels.
For Long term traders – If market stays below 1.3641 a fall to 1.3530 is expected. but once market break the point 1.3696 it could bounce to new high.

forex eurusd

forex gbpusd

GBPUSD ⇣

It should continue rally to 1.6460 – 1.6485. After which a pullback to 1.6379 – 1.6359 zone is possible.
As per weekly chart Market should hold major support at 1.6205 before rising towards 1.6487 – 1.6558.

 

EURGBP ⇣

Market should go down to 0.8307 – 0.8303 area. If this crucial support zone holds then it must resume higher to 0.8331 – 0.8353 zone.

forex eurgbp

forex audusd

AUDUSD ⇣

It looks likely that it would rise to 0.8998 – 0.9036 from 0.8923 or before. After which a downside move is expected.

Read more

Forex USDINR, EURINR and GBPINR Tips

Its look like you missed the opportunity
EURINR hit the high of 86.20 in Friday trading session, and kissed dull target of 86.00 as I mentioned in last forex tips newsletter, click here to read newsletter.

what for today?

EURINR CHART ↓

eurinr-moneymunch

Again on its resistance of 86.02, but this currency pair is looking weak to break resistance and we must see bloodbath to 85.00 – 84.00 and 83.28. Remember once cross and stays above it with high volume can make it bounce to 87.00 – 88.00 and 89.00 as well.

  Read more