Special Diwali Greetings & Offer

Special Diwali Offer with Annual Letter 2020: Get four weeks of Daily Newsletter under Diwali Offer valid till 28th October 2019. 

Diwali Gift:

Indian Stock Market:

Indian market may trade volatile for today like the previous session.

Intraday perspective: market is slightly weak till 10.15 HRS. From 10.15 to 14.25 HRS, positive trend is indicated. From 14.25 HRS, slight profit booking may be observed. There is a chance for Nifty (Fut) to cross 11700; you can book 50% profit in long position of Nifty @ 11680-11700 and Bank Nifty @ 29700-29800 by 14.25 HRS.

For Diwali Muhurat trading, stock market shall open for one hour (18.15 to 19.15 HRS IST) on Sunday. Gap up opening is possible. On Monday, market will remain closed on account of Diwali.

Precious Metals

Gold went through a breakout in the previous evening after crossing 1500; it made a high of 1506. Silver crossed 17.80 and made a high of 17.88. For today as well, positive trend is indicated. In next week, uptrend may continue. Especially after FOMC on 31st October, bullion may witness considerable positivity till 5th November 2019.  

MCX Traders: MCX market will remain open on Sunday for one hour from 18.00 to 19.00 HRS on Sunday. Bullion is expected to be positive in this session. On Monday, day session shall remain closed for MCX. Evening session will operate as usual from 17.00 HRS (IST).