IN The Daily Chart Below of Comex Gold, we can see it’s forming “Head & Shoulder” pattern.but to Breakout, Price has to go below its neck at $1205.Stoch indicator is at oversold area, for intraday, we expect price may take recovery up to $1210-$1205 level.And below this level price may go down to $1180-$1150.To get more knowledge about our services visit us at www.ripplesadvisory.com and contact 9039089374,9039089375 ,9039089370
The market ended on a strong with the Nifty above 7700. The 50-share index was up 37.55 points or 0.5 percent at 7708.95. The Sensex was up 123.43 points or 0.5 percent at 25145.59. About 1509 shares have advanced, 1103 shares declined, and 120 shares are unchanged. GAIL, Maruti, Tata Motors, Adani Ports and Hero MotoCorp were top gainers while Coal India, Tata Steel, ITC, Hindalco and HDFC Bank were losers in the Sensex.
The Indian rupee has opened with marginal gain of 3 paise at 66.40 per dollar on Tuesday versus 66.43 in previous session,USD-INR pair continues to trade in the 66-67/dollar range with intervention at lower levels capping the gains.