Thursday Commodity Intraday Tips with Market Updates

On Thursday Trading Session, Rupee opened with the hike of 22 paise at 67.85 against the Dollar and this became possible due to the 1.5% drop in the Dollar Index on Wednesday. In Commodity market, Gold and Silver made a nice opening in the morning but couldn't maintain the leads for much longer. Although, Crude oil opened on an average level, but now moving up with high pace. Along with the crude oil, Base Metals also got the pace on and moving up. Currently, Gold Live at 27182 with the loss of 16 points, Silver Live at 35620 with the loss of 112 points and Crude oil Live at 2236 with the hike of 66 points. 

Expert Advice to Sell Aluminium Feb for below 104.85 for target 104 with stop loss 105.20 & Sell Gold Feb for below 27240 for target 27120 with stop loss 27285.

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Equity Market status with Stock Future Tips

With the constant advancing in the Dollar Index, including Rupiya all other currencies are getting weaker. Friday morning, Rupiya opened at 66.95 against the dollar and went to the lowest level in last 2 year.

After the big Index loss on yesterday, Sensex and Nifty opened in low and currently at 25697.41 and 7800.30. 

In the Equity Market, Metal Index hiked by 0.55% and Banking Stocks are rapidly getting sold. Due to the Chennai Flood, Aviation Industry is in loss of 2000 crore rupees. Expert says, Investing in Midcap IT Companies can give big returns. Companies like MindTree and Hexaware have a great future. 

Stock Future Tips for today- 

• Buy Maruti Suzuki currently at 300.50 target 308-312 stoploss 294 
• Sell JSW Steels currently at 974.15 target 958, 955 stoploss 985 

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