Consolidation taking place in RELIANCE in 2100 - 2160 range. Adjsuted Gross Revenue dues news slated for Friday should boost RELIANCE (a.k.a) Jio dominance based upon the other telecom players BHARTI AIRTEL LTD and VODAFONE IDEA LTD
Gold has fallen from it's recent high of $2050. Correction between $1940-$2000 range expected in the next couple of days. Accumulate depending on the market news regarding US Jobs, COVID Vaccine, US Election news & Trump. First Support at $1960 and second Strong support at $1940 .
SBIN continously makes higher low since May 2020. If this continues, State Bank of INDIA (SBIN) will break INR 200 resistance range and go beyond for the next run.
Target of 3000$ exepected in the next couple of years.
Strong buying in GOLD since the last 24 hours. Go Long until target $2050. Sentiment broken at $2000 for GOLD. This brings us to GOLD at a all time high. Global economy looks bleak. Hedge away!
GOLD has broken 2000$ barrier. GOLD IS on BULL RUN. Gold demand is increasing as a safe bet to ride out the pandemic.