H! Friends,
Today Whole Market Opened On "Higher-Zone" & Slightly Profit Taking Comes. Again Market Trying 2 Kiss Day's High; If Market Successfully "Break/Holds" Above Day's High Than We Can See Next Round of "Fire-Works" Specially in "Metal-Index" & If Market "Break/Holds" Below Day's Low in Next 30-60 Minutes Than We Can See Good "Blood-Bath" Possible in Whole Counters.
Today is "Crude Oil" Weekly Inventory So That Time We Can See 1 Rapid Fall in Crude Oil Prices Along Whole Market & Than Sharp Bounce Possible; in Whole Market.
Gold Outlook
Gold Stucked in A Band of $785-$770; Whenever It "Break/Holds" Any Side We Can See $5-$10-$15 Rally in Each Side; So Close Watch Over Gold Specially - IndiaMCX
Disclaimer: This Research Report Is Prepared 4 General Information. Opinions/Estimates Contained Herein R Subject 2 Change Without Notice. The Data/Information Herein Provided Is Believed 2 Be Reliable But IndiaMCX Advisory Services Does Not Warrant 4 Its Accuracy/Completeness. IndiaMCX Advisory Services Or Any Of Its Employees R Not Liable 4 Any Action Taken By Any Party Based On The Above Information. This Material Is Not Intended As An Offer Or Solicitation 4 The Purchase Or Sale Of Any Financial Instrument. Special Note: Short-Term Trading May Results In Huge Profits in Commodity Futures; All Positional Traders Die's Its Our Personal View.
Regards!
Bharat
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