U.S.$=INR
Rupee may get some bounce towards 54.50 & go to 53.20 in coming days. Below 52.00 may go more down, more fast!
Gold in U.S.$
Current quote is around 1772$, above 1774$ may reach 1st target 1793, 2nd target 1822. Below 1740$ it may go to 1710, if breached that count changes.
Crude Oil - Light
Current quote is around 95.25$ can get good support near 93.50$ level & bounce back may be upto 98.50max. Further direction will depend upon where it takes immediate support & Bounces & Stops.
Some Stock Ideas.
Reliance Industry : CMP 855, Support 842, Stop Loss below 842, Target 875-890, Strong Resistance 897-903 area
Bata India : CMP 941, Resistance 969, Stop Loss above 970, Target & Support area 922-908-890
Ambuja Cement : CMP 192, Resistance 199, Stop Loss above 200, target & support area 181-177
Infosys :CMP 2600, Resistance 2648, Stop Loss 2650, Support & Target 2540-2477
Rupee may get some bounce towards 54.50 & go to 53.20 in coming days. Below 52.00 may go more down, more fast!
Gold in U.S.$
Current quote is around 1772$, above 1774$ may reach 1st target 1793, 2nd target 1822. Below 1740$ it may go to 1710, if breached that count changes.
Crude Oil - Light
Current quote is around 95.25$ can get good support near 93.50$ level & bounce back may be upto 98.50max. Further direction will depend upon where it takes immediate support & Bounces & Stops.
Some Stock Ideas.
Reliance Industry : CMP 855, Support 842, Stop Loss below 842, Target 875-890, Strong Resistance 897-903 area
Bata India : CMP 941, Resistance 969, Stop Loss above 970, Target & Support area 922-908-890
Ambuja Cement : CMP 192, Resistance 199, Stop Loss above 200, target & support area 181-177
Infosys :CMP 2600, Resistance 2648, Stop Loss 2650, Support & Target 2540-2477
