#Rupee at fresh record lows,
Russian President Putin in India

RBI policy decion tomorrow, expecting a rate cut.

#Nifty near imp support
25800-25870
Resistance 26119/26330

#Banknifty
Support 58800-59100
Resistance 59700-60000

Strong rebound expected in broader market

RBI policy decision.
Inflation continue to remain very low, room for further rate cuts. More liquidity measures ??

At 10 AM

Global cues mixed today.
#Rupee off life lows, #USDINR 89.82

#Nifty needs to take out 26120-26340 range.
Strong buying zone 25680-25850.

RBI CUTS REPO RATE BY 25 BPS AT 5.25%

Next week belongs to individual stocks.

Underperforming pockets likely to see sharp short covering move.

#LICHousing 542
#Concor 511

Can we see 10% move...

(Disc:: holding CE)

Global cues muted this morning.
Better export data from China.

#DXY 98.87 (FOMC meeting begins tomorrow, rate cut expected)

#DowFut -5 pts.

Asia::
#Nikkei -0.06%
#HangSeng -0.84%.
#Shanghai +0.61%.

#Gold -0.11%
#Silver -1.01%
#Copper -0.35%.

#Brent at $63.82/bbl

#Nifty 26186.45

Supports 26067-26120
Breakout above 26340

#Banknifty

Supports 59100-59400
Resistance 60000-60300

FII selling likely to pause, short covering expected.
Focus on individual stocks this week.

Buy on dips strategy. Pvt banks/nbfc/infra/IT

#USDINR 90.23

Midcap/small cap strong selling ....

Time for Reversal here.

Aggressive trading longs.

SHARP-Short covering imminent.....(personal views and trading position)

Share ur views....

#NiftyIT 38740

Need to move another 2-3% ...

Close above 39550 big +ve,

Fav - #Infy/#tcs/#wipro

Nifty -264 pts

Midcap -1.98%

Capitulation on screen.

No need to panic........

Reversal imminent...........

Next 3-4 months likely to be best time for traders.......

#FOMC meeting in focus, #Fed likely to go for 25 bps rate cut.
Future projections and commentary will be in focus.

#commodities prices likely to see sharp volatility.

#DXY 99.20

US Bond Yields:
10-Y at 4.182
2-Y at 3.608

#Silver at record highs, $61++

Federal Reserve cuts interest rate by 25 bps

Fed deliver as expected.

#DXY 98.66

Dowfut -177 pts (Indices closed with strong gains overnight, #DowJones +1.05%)

#silver at record, $63+ (+2.22%)
#Gold +0.35%
#copper -0.56%

#brent at $62.17

#commodities off morning's high.

Asia:
#Nikkei -0.95%
#hangseng -0.02%.

#dollar weakens further, #DXY @98

#silver at fresh record, $64+
#copper at record highs, #LME $11800++

US markets at record highs, #DowJones +1.34% (48700++)
#DowFut +104 pts.

#Crudeoil prices lower, #Brent at $61.68/bbl

#Metals in overbought zone. Profit booking likely

#Gold +1.15% ($4378)
#silver +2.14% ($63.32)
#copper +1.01% ($11688)

Friday's sharp reversal and now a retracement.

Prices likely to see some serious profit booking.

Time to short metals ?? (Added shorts in copper/gold)

#Nifty small hurdles 26199-26340

Getting ready to take out.

Can we see 26800-26900 in very short term...??

#DXY 97.90
US Bond Yields:
10-Y at 4.168
2-Y at 3.499

#Commodities prices mostly lower:
#Gold -0.50%;
#Silver -1.34%;
#Copper -1.35%
#Brent at $60.24/bbl

#DowFut -124 pts.

Global markets likely to witness year end volatility.

#Nikkei -1.38%
#HangSeng -1.93%

#Rupee at record lows, #USDINR 90.80

Negative Global cues, weekly options expiry and a close above 26000, #Nifty likely to see some volatility.

Supports 25810-25870-25940
Breakout above 26199 & 26340

#Banknifty
Supports 58700-59000
Resistance 59650-59900

MCX #commodities prices gaining support from weak rupee.

Expecting both USDINR and global metal prices to top out near current levels.

Sharp cuts expected in #metals

Discl: added put options in metals.

USDINR 90.21 (-0.72%)

Intervention.....#RBI ??

#USDINR below 90

Now overc1% intraday gains for #Rupee.

Will it hold ?? Too early to say, as mkt still very volatile. FII fund flow and BoJ policy decision in focus.

#Nifty 25816

Indecision at close.....

Closing above important Supports.

Can we expect a big gap-up tomorrow ??

Going with long trades. Fresh added today