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Market Outlook: Q2 results, FIIs and CPI data key factors for next week The market outlook for next week will be guided by the major domestic and global economic data such as India WPI Inflation (YoY) (Sep), India CPI (YoY) (Sep), India Bank Loan Growth and Deposit Growth, Indian companies Q2 results and major updates from the US, China and Japan.  The second quarter results season has started. This week will feature numerous earnings reports that could lead to stock- and sector-specific movements. Besides, fluctuations in crude oil price, movement of ...
Market Outlook: Q2 results, FIIs and CPI data key factors for next week
Market Outlook: Q2 results, FIIs and CPI data key factors for next week
Source: IANS
2024-10-13 11:29:44 am
Global markets tumble 10 pc amid US recession fears Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets.  Heavy selling pressure was seen in all major Asian markets. Japan crashed by 10 per cent, Seoul tumbled over 8 per cent, Taipei fell by 4.43 per cent, Jakarta was down nearly 2 per cent, Hong Kong and Shanghai were down 1.43 per cent and 0.83 per cent) respectively. South Korea's news agency Yonhap reported that due to a crash trading in the local benchmark index...
Global markets tumble 10 pc amid US recession fears
Global markets tumble 10 pc amid US recession fears
Source: IANS
2024-08-05 11:40:34 am
Awfis Space Solutions IPO opens, bidding for issue to close on May 27 The Awfis Space Solutions IPO opened on Wednesday for retail investors. The bidding for this issue will close on May 27.  The company is offering its shares in the price band of Rs 364 to Rs 383 per share. The IPO lot size is 39 shares. An investor must bid at least one lot to participate in an IPO. Awfis Space Solutions will raise nearly Rs 598 crore from this public issue. This issue includes a fresh issue worth 128 crore and an offer for sale (OFS) worth 470 crore. The compan...
Awfis Space Solutions IPO opens, bidding for issue to close on May 27
Awfis Space Solutions IPO opens, bidding for issue to close on May 27
Source: IANS
2024-05-22 03:55:44 pm
USDINR trading range for the day is 83.25-83.61 - Swastika Investmart USDINR * USDINR trading range for the day is 83.25-83.61. * Rupee falls on aggressive dollar bids by local oil companies, importers and equity-related outflows * India current account gap narrows to 1.2% of GDP in Q3 FY24 * The RBI’s FX reserves rose to a record high of $642.49 billion as of March 15.   EURINR * EURINR trading range for the day is 90.24-90.58. * Euro dropped due to USD strength, buoyed by durable goods data ...
USDINR trading range for the day is 83.25-83.61 - Swastika Investmart
USDINR trading range for the day is 83.25-83.61 - Swastika Investmart
Source: Swastika Investmart Ltd
2024-03-28 11:14:12 am
Morning Report : Gold prices steadied as investor focus turns to U.S - Swastika Investmart Precious Metals Gold prices steadied as investor focus turns to U.S. inflation data due later this week, which could shed more light on the timing of the Federal Reserve's first interest rate cut this year. Fed policymakers indicated they still expected to reduce interest by three-quarters of a percentage point by 2024 end despite recent high inflation readings. Base Metals Copper dropped due to expectations that easier monetary policy at home and a strengthening dollar. Copper w...
Morning Report : Gold prices steadied as investor focus turns to U.S - Swastika Investmart
Morning Report : Gold prices steadied as investor focus turns to U.S - Swastika Investmart
Source: Swastika Investmart Ltd
2024-03-27 11:07:08 am
JPYINR trading range for the day is 55.36-55.56 - Swastika Investmart USDINR * USDINR trading range for the day is 82.98-83.8. * Rupee strengthened aided by likely intervention from the central bank and an uptick in the offshore Chinese yuan. * S&P ups India growth forecast to 6.8% for FY'25 * India's foreign exchange reserves reached an all-time high of $642.49 billion.   EURINR * EURINR trading range for the day is 90.35-90.71. * Euro dropped as dovish comments from a typically hawkish...
JPYINR trading range for the day is 55.36-55.56 - Swastika Investmart
JPYINR trading range for the day is 55.36-55.56 - Swastika Investmart
Source: Swastika Investmart Ltd
2024-03-27 09:26:38 am
Morning Report : Gold gains as the dollar retreated slightly ahead of a key US - Swastika Investmart Precious Metals Gold gains as the dollar retreated slightly ahead of a key US inflation reading that could provide clues on the monetary policy path. However, a surprise rate cut from the Swiss National Bank prompted bets that other major central banks could ease policy earlier and faster than the Fed, boosting the dollar Base Metals Copper prices rose as the piling up of inventories in top consumer China slowed. Copper inventories in warehouses tracked by the SHFE fell for the first...
Morning Report : Gold gains as the dollar retreated slightly ahead of a key US - Swastika Investmart
Morning Report : Gold gains as the dollar retreated slightly ahead of a key US - Swastika Investmart
Source: Swastika Investmart Ltd
2024-03-26 10:10:34 am
USDINR trading range for the day is 83.03-84.13 - Swastika Investmart USDINR * USDINR trading range for the day is 83.03-84.13. * Rupee fell to a record low pressured by a drop in the offshore Chinese yuan and strong local dollar demand. * Robust US economic data and rising demand for US shares boosted dollar demand for Asian markets * India Manufacturing PMI increased to 59.2 in March 2024 from a final 56.9 in the previous Month.   EURINR * EURINR trading range for the day is 90.12-90.94. * Euro dropped as dollar gained underpi...
USDINR trading range for the day is 83.03-84.13 - Swastika Investmart
USDINR trading range for the day is 83.03-84.13 - Swastika Investmart
Source: Swastika Investmart Ltd
2024-03-26 09:07:37 am
IPO NOTE : Apeejay Surrendra Park Hotels Limited by Swastika Investmart Apeejay Surrendra Park Hotels operate hospitality assets under its own brands, “THE PARK”, “THE PARK Collection”, “Zone by The Park”, “Zone Connect by The Park” and “Stop by Zone”.The company ranks as the eighth-largest in India in terms of chains affiliated with hotel room inventory. It has a long-standing expertise of over 55 years in the hospitality business of owning and operating hotels, with its first hotel being launched under...
IPO NOTE : Apeejay Surrendra Park Hotels Limited by Swastika Investmart
IPO NOTE : Apeejay Surrendra Park Hotels Limited by Swastika Investmart
Source: Swastika Investmart Ltd
2024-02-04 09:05:32 am
Pre- listing view on Nova Agritech by Swastika Investmart Ltd. Nova Agritech's IPO debut exceeded even the expectations, soaring a remarkable 34.15% above its issue price of Rs 41 to list at Rs 55. Nova Agritech had witnessed a significant oversubscription of 109.37 times during the offer period, hinting at robust investor confidence in the company's prospects. This stellar listing was fueled by multiple positive factors, including the company's strong market position as a one-stop solution provider for crop and soil health through its diver...
Pre- listing view on Nova Agritech by Swastika Investmart Ltd.
Pre- listing view on Nova Agritech by Swastika Investmart Ltd.
Source: Swastika Investmart Ltd
2024-01-31 01:49:19 pm
IPO NOTE : Happy Forgings Limited by Swastika Investmart Ltd Happy Forgings Limited is an Indian manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products and valve bodies for different industries and customers. OBJECTS OF THE ISSUE Purchase of equipment, plant and machinery Prepayment of all o...
IPO NOTE : Happy Forgings Limited by Swastika Investmart Ltd
IPO NOTE : Happy Forgings Limited by Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-12-18 03:16:42 pm
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd COMMODITY OUTLOOK DAILY COMMODITY MARKET UPDATES NEWS IN HEADLINE * Oil prices rise as rate hike fears ease; China data deluge in focus * Oil nudges higher after Saudi Arabia, Russia stick to output cuts  * US solar panel manufacturing boom threatened by cheap imports CHART OF THE DAY   NATURAL GAS: NATURALGAS is now consolidated with a wide range of 277–302 levels. When it successfully closes above 302, a fresh new upside move will be started f...
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-11-06 09:53:02 am
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd COMMODITY OUTLOOK DAILY COMMODITY MARKET UPDATES NEWS IN HEADLINE * Oil prices steady after wild swings, but set for second week of losses * Oil prices steady, on track for second straight week of losses * Oil prices jump as rate hike doubts dent dollar CHART OF THE DAY   Silver: Silver yesterday was traded within the range of 72700–70700 levels. The overall texture is weak on the upside; it has a first resistance level of 72700. Above this, we can se...
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-11-03 10:10:47 am
Energy: Day trend is indicating sideways to downside Crude oil & uptrend in Natural gas - Swastika Investmart Ltd COMMODITY OUTLOOK DAILY COMMODITY MARKET UPDATES NEWS IN HEADLINE * Oil prices rebound from 1-mth low as rate hike doubts dent dollar * Oil prices edge higher Middle East conflict stokes supply concerns * Escalating Middle East conflict could impact global commodity prices CHART OF THE DAY   GOLD GOLD yesterday was given close below the support level of 61000 and given close with a red note around 60785. Now on the upside, it has an intraday immediate resis...
Energy: Day trend is indicating sideways to downside Crude oil & uptrend in Natural gas - Swastika Investmart Ltd
Energy: Day trend is indicating sideways to downside Crude oil & uptrend in Natural gas - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-11-02 10:31:58 am
USDINR is consolidating in the tight range of 83.2283.35 - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE:  * Yen on intervention watch after hitting 1-year low on BOJ disappointment* * Japan's yen sinks broadly as BOJ policy adjustment seen inadequate * Euro strengthens as yen dips amid BOJ's monetary easing and YCC policies OUTLOOK: USDINR: USDINR is consolidating in the tight range of 83.22–83.35, where a move above 83.35 can lead some upside towards 83.40–83.45, while if it slips ...
USDINR is consolidating in the tight range of 83.2283.35 - Swastika Investmart
USDINR is consolidating in the tight range of 83.2283.35 - Swastika Investmart
Source: Swastika Investmart Ltd
2023-11-01 09:50:52 am
USDINR is witnessing the bouncing back and manages to hold its 50 DMA - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE:  * Japanese yen breaches 150, intervention in focus * Dollar up as risk sentiment sours, Treasury yields rise * Asia FX weakens, yen on intervention watch after breaching 150   OUTLOOK: USDINR: USDINR is witnessing the bouncing back and manages to hold its 50 DMA; however, 83.25 is an immediate and minor hurdle; above this, we can expect a short covering move towards the critical resistance ...
USDINR is witnessing the bouncing back and manages to hold its 50 DMA - Swastika Investmart
USDINR is witnessing the bouncing back and manages to hold its 50 DMA - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-27 09:28:20 am
JPYINR is consolidating in the range of 55.4955.65 - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE:?* Japanese yen breaches 150, intervention in focus* Dollar up as risk sentiment sours, Treasury yields rise* Dollar rises as US business activity ticks up in OctoberOUTLOOK:JPYINR:?JPYINR is consolidating in the range of 55.49?55.65, where a move above 55.65 can lead some upside towards 55.75? 55.85, while if it slips below 55.49, it may head towards the 55.39?55.29 zone.Please refer disclaimer at https://www.swastika.co.in/discl...
JPYINR is consolidating in the range of 55.4955.65 - Swastika Investmart
JPYINR is consolidating in the range of 55.4955.65 - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-26 09:30:39 am
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart Ltd COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Biden calls for 'path toward peace' once Israel-Gaza crisis is resolved * Oil steady as market eyes Middle East tensions, higher US crude stockpiles * Oil prices flat before US GDP data, Middle East concerns persistCHART OF THE DAYCRUDEOIL CRUDEOIL is witnessing the bouncing back and manages to hold its 100 DMA; however, 7150 is an immediate and minor hurdle; above this, we can expect a short covering move towards the crit...
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart Ltd
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-10-26 09:12:30 am
Dollar rises as US business activity ticks up in October - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE: * Dollar bounces, euro heavy on US/euro zone growth outlook divergence* Dollar rises as US business activity ticks up in October* GBP Strengthens, AUD Lags as US Bond Yields RiseOUTLOOK:USDINR: USDINR is witnessing the bouncing back and manages to hold its 50 DMA; however, 83.25 is an immediate and minor hurdle; above this, we can expect a short covering move towards the critical resistance of 83.35; on the downside, it has ...
Dollar rises as US business activity ticks up in October - Swastika Investmart
Dollar rises as US business activity ticks up in October - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-25 09:41:51 am
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil prices nurse steep losses as demand fears outweigh tight supplies* Oil nearly flat as macroeconomic concerns contend with tighter US supply * Oil drops for third straight session on weak European economic dataCHART OF THE DAYNATURALGAS: NATURALGAS is witnessing the bouncing back and manages to hold its 50DMA; however, 250 is an immediate and minor hurdle. Above this, we can expect a short covering move towards the critical...
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-10-25 09:33:23 am
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart Ltd DAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil prices ease as aid convoys arrive in embattled Gaza Strip *Graphite buyers to boost imports ahead of China's curbs - analysts * Oil drops after Hamas releases US hostagesCHART OF THE DAYSILVERSILVER is continuing its bullish momentum, and there are no signals of weakness due to Middle East crises where 73700 is an immediate target level. On the downside, 71700 intraday and immediate support levels While above 73700 leads to further strengt...
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart Ltd
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-10-23 09:29:57 am
Dollar steady ahead of Fed Chair remarks, underpinned by higher US yields - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE:?* India cenbank sold net $3.86 billion in spot forex market in August ? bulletin.* Dollar steady ahead of Fed Chair remarks, underpinned by higher US yields.* China ramps up yuan internationalisation under Belt and Road Initiative.CHART OF THE DAY:?OUTLOOK:?EURINR: EURINR yesterday witnessed a bounce back from the support level of 87.80 and a close around 88.05 levels; on the upside, it has an immediate resistance of 88.30; on th...
Dollar steady ahead of Fed Chair remarks, underpinned by higher US yields - Swastika Investmart
Dollar steady ahead of Fed Chair remarks, underpinned by higher US yields - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-23 09:16:40 am
GBPINR yesterday witnessing a selling pressure from resistance of 101.70-101.65 levels - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE: * India cenbank sold net $3.86 billion in spot forex market in August ? bulletin* Dollar steady ahead of Fed Chair remarks, underpinned by higher US yields* China ramps up yuan internationalisation under Belt and Road InitiativeOUTLOOK:GBPINR: GBPINR yesterday witnessing a selling pressure from resistance of 101.70-101.65 levels, on the upside it has an immediate resistance of 101.17, on the downside below 100.73 it may head...
GBPINR yesterday witnessing a selling pressure from resistance of 101.70-101.65 levels - Swastika Investmart
GBPINR yesterday witnessing a selling pressure from resistance of 101.70-101.65 levels - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-20 09:55:39 am
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil climbs on Mideast contagion fears from Israel-Gaza conflict * Oil prices surge on SPR refill plans, Middle East fears persist * Biden revives bid to refill US oil reserve with 6M-barrel purchaseCHART OF THE DAYCRUDEOILCRUDEOIL is still in the sideways trend where the 7500 zone is a first resistance area, while a breakout above the 7500 level can lead to a massive short-covering rally towards 7600?7700 levels again. On the...
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd
Base metals: Day trend is indicating sideways in all base metals - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-10-20 09:08:46 am
US dollar undervalued despite high yields - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE:?* US dollar undervalued despite high yields, says Credit Agricole* Dollar gains as Fed, Middle East in focus* Digital Euro Project Faces Privacy Concerns, ECB and Edpb Seek ClarityOUTLOOK:USDINR: USDINR is witnessing the bouncing back and manages to hold its 25 DMA; however, 83.36 is an immediate and minor hurdle; above this, 83.40?83.42 will be the critical resistance area; on the downside, 83.17 is an important support level. A...
US dollar undervalued despite high yields - Swastika Investmart
US dollar undervalued despite high yields - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-19 09:37:50 am
Energy : Day trend is indicating sideways to upside side in Crude oil & sideways to downtrend in Natural gas - Swastika Investmart Ltd COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil falls as Israel embargo concerns fade, Venezuela sanctions to ease * Oil rally cools as focus remains on Israel-Hamas war, more Fed cues * Gold prices rally to near 1-mth high as Middle East tensions worsensCHART OF THE DAYGOLD GOLD is continuing its bullish momentum due to Middle East crises, and there are no signals of weakness where 60500 is an immediate target level. On the downside, 59500 intraday and im...
Energy : Day trend is indicating sideways to upside side in Crude oil & sideways to downtrend in Natural gas - Swastika Investmart Ltd
Energy : Day trend is indicating sideways to upside side in Crude oil & sideways to downtrend in Natural gas - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-10-19 09:15:04 am
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil steadies on hopes of Venezuela sanctions being eased * Oil prices extend losses amid M.East uncertainty, Venezuela deal talk * Gold prices sink as safe haven rally pauses, M. East tensions in focus CHART OF THE DAYNATURALGAS: NATURALGAS is continuing its bearish momentum, and there are no signals of recovery where 250 is an immediate target level. On the upside, 267 intraday and immediate resistance levels while abov...
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart
Bullion: Day trend is indicating uptrend in Gold &Silver - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-17 09:04:41 am
USDINR is witnessing the bouncing back and manages to hold its 25 DMA however 83.35 - Swastika Investmart Ltd CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE:* Dollar gains after US consumer prices rise more than expected* US Dollar Rebounds on Strong Q4 Economic Indicators, Ends Pound?s Streak* Dollar edges lower ahead of key U.S. CPI release; U.K. GDP rose in AugustOUTLOOK:USDINR: USDINR is witnessing the bouncing back and manages to hold its 25 DMA however 83.35 is an immediate and minor hurdle, above this, 83.40-83.42 will be the critical resistance area, on the downside 83.20 as a...
USDINR is witnessing the bouncing back and manages to hold its 25 DMA however 83.35 - Swastika Investmart Ltd
USDINR is witnessing the bouncing back and manages to hold its 25 DMA however 83.35 - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-10-13 09:35:27 am
Gold retreats from 2-week high as dollar snaps 3-day loss - Swastika Investmart COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Canada regulator to make preliminary decision on Trans Mountain expansion tolls * Gold retreats from 2-week high as dollar snaps 3-day loss * Oil rallies, then falls back as US hits record productionCHART OF THE DAYCRUDEOILCRUDEOIL is continuing its bearish momentum, and there are no signals of recovery where 6800 is an immediate target level. On the upside, 7100 intraday and immediate resistance levels while below 6800 lead ...
Gold retreats from 2-week high as dollar snaps 3-day loss - Swastika Investmart
Gold retreats from 2-week high as dollar snaps 3-day loss - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-13 09:20:19 am
EURINR is continuing its bullish movement and yesterday it was given close around 88.25 - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE:* Dollar steady on underlying moderate PPI data, dovish Fed officials* Dollar flat ahead of release of Fed minutes, PPI data* Euro strengthens against dollar amidst dovish Fed comments and anticipated Chinese stimulusOUTLOOKEURINR: EURINR is continuing its bullish movement, and yesterday it was given close around 88.25 near to 25 DMA. If it sustains above 88.55-88.57, then it will be tested at 100 DMA, where it placed around 89.20...
EURINR is continuing its bullish movement and yesterday it was given close around 88.25 - Swastika Investmart
EURINR is continuing its bullish movement and yesterday it was given close around 88.25 - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-12 09:31:40 am
Energy: Day trend is indicating uptrend in Crude oil & Natural gas - Swastika Investmart COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil falls further on US stock build, easing supply concerns * Oil falls over 2% after Saudi pledge; investors keep wary eye on Israel * Gold hits 2-week high, within striking range of $1,900 as dollar slidesSILVER: Silver is continuing its bullish momentum, and there are no signals of weakness where 70000 is an immediate target level. On the downside, 68900 intraday and immediate support levels while below 68900 lead to furth...
Energy: Day trend is indicating uptrend in Crude oil & Natural gas - Swastika Investmart
Energy: Day trend is indicating uptrend in Crude oil & Natural gas - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-12 09:21:19 am
Crude futures settle down on fewer worries of supply disruptions - Swastika Investmart COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil little changed as Middle East supply concerns fade * Crude futures settle down on fewer worries of supply disruptions * Gold eases as risk appetite improves, traders eye more Fed cues ZINC: ZINC is trading volatile and still struggling to sustain above 25 DMA, where it faced resistance in a supply zone of 224? 225. On the downside, 50 DMA is acting as a strong support, which is currently placed at 219?220. Below this...
Crude futures settle down on fewer worries of supply disruptions - Swastika Investmart
Crude futures settle down on fewer worries of supply disruptions - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-11 10:47:07 am
JPYINR is consolidating in the tight range of 56.00-56.35 - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE:* Dollar index weakens amid stock market rally and dovish Fed stance* Dollar slips on dovish Fed remarks, China hopes help euro* Russian rouble pares losses vs dollar in volatile tradeCHART OF THE DAYOUTLOOK:JPYINR: JPYINR is consolidating in the tight range of 56.00-56.35, where a move above 56.35 can lead some upside towards 56.45-56.60, while if it slips below 56.00, it may head towards the 55.90-55.75 zone.Please refer disclai...
JPYINR is consolidating in the tight range of 56.00-56.35 - Swastika Investmart
JPYINR is consolidating in the tight range of 56.00-56.35 - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-11 09:29:26 am
USDINR slips below 83.25, it may head towards the 83.15-83.00 zone - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE:* Dollar gains versus euro as Israel-Palestinian conflict spurs safety bid * Bank of Israel to sell up to $30 billion of forex to stabilise shekel*? Bank of Israel takes action to stabilize shekel amid escalating conflictCHART OF THE DAY:?OUTLOOK: USDINR: USDINR is consolidating in the tight range of 83.25-83.40, where a move above 83.40 can lead some upside towards 83.50-83.60, while if it slips below 83.25, it may head towa...
USDINR slips below 83.25, it may head towards the 83.15-83.00 zone - Swastika Investmart
USDINR slips below 83.25, it may head towards the 83.15-83.00 zone - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-10 09:36:43 am
Oil prices dip as markets debate hit from Middle East turmoil - Swastika Investmart COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil prices dip as markets debate hit from Middle East turmoil * Oil prices surge on fears of Mideast conflict adding to supply tightness * Coal industry faces 1 million job losses from global energy transition - researchCHART OF THE DAYGOLD: GOLD has given a positive closing above 57,000 levels on yesterday?s trading session. Gold Comex is also suggesting a positive opening, and there is a risk of volatility because of the Is...
Oil prices dip as markets debate hit from Middle East turmoil - Swastika Investmart
Oil prices dip as markets debate hit from Middle East turmoil - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-10 09:20:56 am
Oil prices jump more than $4 as Middle East violence rattles markets - Swastika Investmart COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil prices jump more than $4 as Middle East violence rattles markets * Ukraine expects 'record' number of drone attacks this winter - air force * Oil prices rise, but post biggest weekly decline since MarchCHART OF THE DAY NATURAL GAS: NATURAL GAS is continuing its bullish momentum, and there are no signals of weakness where 280-285 is an immediate target level. On the downside, 260 intraday and immediate support levels be...
Oil prices jump more than $4 as Middle East violence rattles markets - Swastika Investmart
Oil prices jump more than $4 as Middle East violence rattles markets - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-09 09:53:18 am
EURINR managed to close above the key hurdle of 87.70 but is still struggling to show momentum - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar, yen gain on flight to safety as Hamas attack rattles nerves* USD and yen rise amid Middle East tensions and market uncertainty* US dollar eases after blowout jobs number CHART OF THE DAY:OUTLOOK: EURINR: EURINR managed to close above the key hurdle of 87.70 but is still struggling to show momentum where 88.00-88.30 is an important resistance zone. On the downside, 87.60 is an immediate support level, while be...
EURINR managed to close above the key hurdle of 87.70 but is still struggling to show momentum - Swastika Investmart
EURINR managed to close above the key hurdle of 87.70 but is still struggling to show momentum - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-09 09:52:39 am
USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40 - 83.42 - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE:* Goldman Sachs monitors USD/JPY volatility amid intervention speculations* Rouble slides to over 7-week low past 100 per dollar as Putin speaks* India Joins JP Morgan?s GBI-EM, Predicts $23 Billion Forex InflowOUTLOOKUSDINR:?USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40?83.42 is an important resistance zone. On the downside, 83.25 is an immediate support level, while bel...
USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40 - 83.42 - Swastika Investmart
USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40 - 83.42 - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-06 09:47:31 am
Bullion: Day trend is indicating downtrend in Gold &Silver - Swastika Investmart COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil edges up amid brutal week of losses, markets await US jobs data * Oil on track for sharpest weekly decline since March * Canada welcomes panel directing US to review softwood lumber policyCRUDEOIL: CRUDEOIL is continuing its bearish momentum, and there are no signals of recovery where 6850?6800 is an immediate target level. On the upside, 7100 intraday and immediate resistance levels below 6800 lead to further weakness t...
Bullion: Day trend is indicating downtrend in Gold &Silver - Swastika Investmart
Bullion: Day trend is indicating downtrend in Gold &Silver - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-06 09:33:12 am
USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40-83.42 - Swastika Investmart CURRENCY OUTLOOKDAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Indian rupee to trade in tight range as RBI keeps intervening - Reuters poll* GBP/USD pair battles headwinds from hawkish Fed and BoE's rate hike pause?* US dollar retreats after mixed batch of data; yen modestly firmerCHART OF THE DAY:OUTLOOK: USDINR: USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40?83.42 is an important resistance zone. On the downside, 83.25 is a...
USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40-83.42 - Swastika Investmart
USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40-83.42 - Swastika Investmart
Source: Swastika Investmart
2023-10-05 09:34:14 am
SILVER is continuing its bearish momentum, and there are no signals of recovery where 67000-66500 is an immediate target level - Swastika Investmart COMMODITY OUTLOOK DAILY COMMODITY MARKET UPDATES NEWS IN HEADLINE* Oil rises on tightening crude supply* Oil rebounds from 3-week low, settles up despite stronger dollar* Gold?s tumble slows first time in nearly 2 weeks, after hitting 7-month lowCHART OF THE DAYSILVER: SILVER is continuing its bearish momentum, and there are no signals of recovery where 67000-66500 is an immediate target level. On the upside, 68000 intraday and immediate resistance levels While below 66500 leads to furthe...
SILVER is continuing its bearish momentum, and there are no signals of recovery where 67000-66500 is an immediate target level - Swastika Investmart
SILVER is continuing its bearish momentum, and there are no signals of recovery where 67000-66500 is an immediate target level - Swastika Investmart
Source: swastika investmart
2023-10-04 10:11:42 am
U.S. dollar reaches ten-month peak amid hawkish Federal Reserve views - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Yen surges against dollar, leads some to suspect intervention*Japanese yen jumps after US dollar breaches key 150 level'* U.S. dollar reaches ten-month peak amid hawkish Federal Reserve viewsCHART OF THE DAY: OUTLOOK: USDINR: USDINR managed to close above the key hurdle of 83.30 but is still struggling to show momentum where 83.40?83.42 is an important resistance zone. On the downside, 83.00 is an imm...
U.S. dollar reaches ten-month peak amid hawkish Federal Reserve views - Swastika Investmart
U.S. dollar reaches ten-month peak amid hawkish Federal Reserve views - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-04 09:01:47 am
GOLD is continuing its bearish momentum, and there are no signals of recovery where 57300-57000 is an immediate target level - Swastika Investmart COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE * Oil falls 1% on strong US dollar, mixed supply cues * Texas grid seeks more power capacity to avoid winter shortages * China's declining oil demand impacts global markets - Citigroup CHART OF THE DAY GOLD: GOLD is continuing its bearish momentum, and there are no signals of recovery where 57300-57000 is an immediate target level. On the upside, 58000 intraday and immediate resistance levels While below 57000 l...
GOLD is continuing its bearish momentum, and there are no signals of recovery where 57300-57000 is an immediate target level - Swastika Investmart
GOLD is continuing its bearish momentum, and there are no signals of recovery where 57300-57000 is an immediate target level - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-03 10:04:19 am
On the upside, it has important resistance levels of 102.35 - 102.40 levels - Swastika Investmart CURRENCY OUTLOOK?DAILY CURRENCY MARKET UPDATES?NEWS IN HEADLINE:?* Dollar climbs to near 150 vs yen after U.S. shutdown avoided* As yen nears 150/$, Japan says watching FX moves with 'strong sense of urgency'* ECB proposes legal framework for digital euro rollout by 2027? CHART OF THE DAY:?OUTLOOK:?GBPINR: GBPINR yesterday witnessed another sharp pullback from support levels and was given close to 102.00 levels near 2000DMA. On the upside, it has important resistance levels of 102.35?102.40...
On the upside, it has important resistance levels of 102.35 - 102.40 levels - Swastika Investmart
On the upside, it has important resistance levels of 102.35 - 102.40 levels - Swastika Investmart
Source: Swastika Investmart Ltd
2023-10-03 09:04:20 am
Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ - Swatika Investmart Ltd CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE:* No volatility jump in Indian bonds after JPMorgan inclusion, says BlackRock * Yen Drops and Dollar Rises as Central Banks Maintain Stimulus Measures* Dollar eases after Fed-spurred rise; yen stronger ahead of BOJCHART OF THE DAY:OUTLOOK: GBPINR: GBPINR yesterday witnessed again selling pressure from resistance of 200DMA around 102.30-103.35 levels; on the upside, it has an immediate resistance of 102.50-102.7; on the downsi...
Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ - Swatika Investmart Ltd
Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ - Swatika Investmart Ltd
Source: Swastika Investmart Ltd
2023-09-29 10:00:42 am
Energy: Day trend is indicating sideways in Crude oil & Natural gas - Swastika Investmart Ltd COMMODITY OUTLOOK DAILY COMMODITY MARKET UPDATES NEWS IN HEADLINE* Oil climbs with tight supply back in focus * Oil prices rise on tighter supply outlook; More inflation cues awaited  * Oil ends week lower as demand concerns face Russia supply banCHART OF THE DAYZINC: ZINC is respecting its 50 and 100 DAM beautifully; however, 230?232 is an immediate and critical resistance zone; above this, we can expect a short covering rally towards the 235?240 zone. On the downside, 215-217 ...
Energy: Day trend is indicating sideways in Crude oil & Natural gas - Swastika Investmart Ltd
Energy: Day trend is indicating sideways in Crude oil & Natural gas - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-09-25 09:45:58 am
GBPINR yesterday witnessed again selling pressure from resistance of 200DMA around 102.30-103.35 levels - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATESNEWS IN HEADLINE:* No volatility jump in Indian bonds after JPMorgan inclusion, says BlackRock* Yen Drops and Dollar Rises as Central Banks Maintain Stimulus Measures* Dollar eases after Fed-spurred rise; yen stronger ahead of BOJCHART OF THE DAY: OUTLOOK:GBPINRGBPINR yesterday witnessed again selling pressure from resistance of 200DMA around 102.30-103.35 levels; on the upside, it has an immediate resistance of 102.50-102.7; on the downsid...
GBPINR yesterday witnessed again selling pressure from resistance of 200DMA around 102.30-103.35 levels - Swastika Investmart
GBPINR yesterday witnessed again selling pressure from resistance of 200DMA around 102.30-103.35 levels - Swastika Investmart
Source: Swastika Investmart Ltd
2023-09-25 09:35:52 am
Bullion: Day trend is indicating sideways to upside in Gold & Silver - Swastika Investmart Ltd COMMODITY OUTLOOKDAILY COMMODITY MARKET UPDATESNEWS IN HEADLINE* Oil prices rise as supply concerns outweigh demand fears* Oil faces first weekly decline in a month amid Federal Reserve signals * Oil prices edge higher as tighter supply bets offset rate hike fears?GOLD: GOLD yesterday witnessing sharp selling pressure from resistance of 59400-59500 levels, on the upside it has an immediate resistance of 59100, on the downside below 58800 it may head toward 58600-58400 levels. Traders are ad...
Bullion: Day trend is indicating sideways to upside in Gold & Silver - Swastika Investmart Ltd
Bullion: Day trend is indicating sideways to upside in Gold & Silver - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-09-22 09:22:31am