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

US CPI 2.7% lower than expected rise of 3.1%.

#BoJ

Interest rate decision:: 25 bps rise on expected lines.

USDJPY 156.06