Intraday Stock and commodity Market News Updates For Today
Nifty 5910(spot) now will act as a major support. If NIFTY manages to trade and sustain above 5910 then sharp upmove can seen along with short covering till 5955-6010-6050 levels.
After Gap up opening Nifty is now trading flat in Green zone at 5961.20, up by 55.05 points from previous close. Nifty spot if manages to trade and sustain above 5985 then it is likely to show some upmove and if it breaks and trade below 5940 levels then Nifty is likely to show some profit booking. The market breadth is positive with advances at 714 against declines of 256 on the NSE.
Else if NIFTY fails to sustain above and trade below 5910(spot) level then some profit booking can follow till 5850-5810 levels.
Nifty is trading at 5952.35, up by 46.20 points from previous close. Nifty spot if manages to trade and sustain above 5985 then some more upmove can follow in the market and if it breaks and trade below 5910 then some profit booking can be seen in the market. The market breadth is positive with advances at 718 against declines of 330 on the NSE.
Intaraday trading tips for gold as per our technical :- GOLD is trading at 29460. If GOLD breaks and trade below 29380 then some profit booking can be seen in this commodity till 29160-29950 levels and if it manages to trade and sustain above 29580 level then some up move can follow till 29740-29900 levels soon.
Intraday commodity tips for N.Gas :- N.GAS is trading at 226.20. If N.GAS breaks and trade below 224.50 then some profit booking can be seen in this commodity till 221-217.50-214 levels and if it manages to trade and sustain above 228 level then some upmove can follow till 231.50-235 levels soon.
We can see in silver very strong position in this week. MCX Silver December on bearish view continue and last week it was moved initially higher at 49900 but due to profit booking made a low 46866 and finally closed at 48197 mark which indicate trend is down and sell on rise strategy continue.
News WarpUp:-
1. Myanmar dumps Rs 25,000 crore hydro power initiative with India.
2. NSEL investors seek liquidation of FT's overseas assets.
3. L&T bags Rs 1,100-crore hydrocarbon projects in UAE, Qatar.
4. Red Fort to invest Rs 1,000 cr in Lotus Greens' projects.
5. RCom offers 84% cut on call tariff on intl roaming to Saudi.
6. NRL pays Rs 9.08 crore as dividend to Assam Government.
7. Hathway introduces ultra high speed internet in South Mumbai.
8. BSNL warehouse torched, incurs loss of Rs 40 cr.
9. RBI cuts MSF rate by 50 bps to 9%.
10. JSW Steel acquires Heidelberg Cement's Raigad grinding unit
After Gap up opening Nifty is now trading flat in Green zone at 5961.20, up by 55.05 points from previous close. Nifty spot if manages to trade and sustain above 5985 then it is likely to show some upmove and if it breaks and trade below 5940 levels then Nifty is likely to show some profit booking. The market breadth is positive with advances at 714 against declines of 256 on the NSE.
Else if NIFTY fails to sustain above and trade below 5910(spot) level then some profit booking can follow till 5850-5810 levels.
Nifty is trading at 5952.35, up by 46.20 points from previous close. Nifty spot if manages to trade and sustain above 5985 then some more upmove can follow in the market and if it breaks and trade below 5910 then some profit booking can be seen in the market. The market breadth is positive with advances at 718 against declines of 330 on the NSE.
Intaraday trading tips for gold as per our technical :- GOLD is trading at 29460. If GOLD breaks and trade below 29380 then some profit booking can be seen in this commodity till 29160-29950 levels and if it manages to trade and sustain above 29580 level then some up move can follow till 29740-29900 levels soon.
Intraday commodity tips for N.Gas :- N.GAS is trading at 226.20. If N.GAS breaks and trade below 224.50 then some profit booking can be seen in this commodity till 221-217.50-214 levels and if it manages to trade and sustain above 228 level then some upmove can follow till 231.50-235 levels soon.
We can see in silver very strong position in this week. MCX Silver December on bearish view continue and last week it was moved initially higher at 49900 but due to profit booking made a low 46866 and finally closed at 48197 mark which indicate trend is down and sell on rise strategy continue.
News WarpUp:-
1. Myanmar dumps Rs 25,000 crore hydro power initiative with India.
2. NSEL investors seek liquidation of FT's overseas assets.
3. L&T bags Rs 1,100-crore hydrocarbon projects in UAE, Qatar.
4. Red Fort to invest Rs 1,000 cr in Lotus Greens' projects.
5. RCom offers 84% cut on call tariff on intl roaming to Saudi.
6. NRL pays Rs 9.08 crore as dividend to Assam Government.
7. Hathway introduces ultra high speed internet in South Mumbai.
8. BSNL warehouse torched, incurs loss of Rs 40 cr.
9. RBI cuts MSF rate by 50 bps to 9%.
10. JSW Steel acquires Heidelberg Cement's Raigad grinding unit
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