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

#Nifty 25960++ (+150 pts)

Gap-up delivered.

Will it hold ??

Daily/weekly - need a strong closing on charts.

Hurdles 25980-26100-26199-26340

Step by step.

Sentiments still very low.

Broader markets need to see sharp up-move.

Portfolios still very down, irrespective of indices near ATHs.

USDINR 89.34

(Over 1% Intraday gains

Green day::

#DowFut +31 pts (strong gains backed by tech shares on Friday)

#Gold /#silver /#Copper at record highs. 2025 will go into history for one of the best Yearly performances for the metals.

#DXY @98.28

US Bond Yields:
10-Y at 4.169
2-Y at 3.492

#Brent at $61

#GiftNifty +166 pts.

#Infy #ADR +5%

FII buying returns, will it continue ??

Stronger #Rupee to boost sentiment.

#Nifty spot hurdles 26199-26340
Supports 25810-25900-25970

#Banknifty
Supports 58700-59000
Resistance 59400-59680-60000

Focus on #IT /#pvt #banks

#Nifty 26176

From 25750 to 26200 (small hurdles 26199-26340)
Once taken out, next 27900-27400

Good to see no hype today....no trade deal news.
This slow and steady rally likely to co tinue further.

Broader mkt now taking part.
stocks ready for short-covering moves

US Q3 #GDP 4.3%,
Exp. 3.3%,
Prev 3.8%

Core PCE (Q3) 2.9%

#dollar index 97.64 (-0.32%)

Low volume trading sessions.
Sharp movement expected. Need to be very cautious.
#Gold $4520
#silver $70.66
#copper $12166

#MCX
#Copper 1298.

Minimum 100 pts drop from current level ?
Dec expiry today.

#Metals likely near short term top.