Dollar index at 93.24, 92.5 Level to watch on daily chart , breaking 92.5 levels can take DXY to 91 Levels.
Nifty showing resistance at 10500 for the coming week as we see maximum Call OI at 10500 strike and maximum Put OI at 9000 followed by 9500. We can also observe the maximum change in OI at 10000 PUT strike price. Option Writing SELL NIFTY 9500 PE 25 JUN 2020 AT 18.75 TARGET: 0.05 STOP LOSS: 30 Writing with Hedging LEG 1: SELL NIFTY 9850 PE 25 JUN 2020 AT...
Global financial powerhouse Goldman Sachs raised its gold price forecast this week, expecting the rally to continue due to currency debasement fears and economic uncertainty caused by the coronavirus crisis. Goldman Sachs lifted its three, six and 12-month gold price estimates to $1,800, $1,900 and $2,000 per ounce, from $1,600, $1,650 and 1,800 per ounce,...
1. India VIX is the volatility index of Indian stock market, which depicts the expected market volatility over the next 30 calendar days. i.e. higher the India VIX values, higher the expected volatility and vice-versa. 2. It is computed using the best bid and ask quotes of the out-of-the-money near and mid-month NIFTY option contracts. 3. The variance for the near...
-Rupee’s range to remain within the 75.60 to 76.50 zone till the end of this month. The India-China border tension has triggered a sudden down move in the rupee exchange to test a low of 76.29 today. Rupee’s support at 75.60-80 level has now become the resistance level for the rupee.