In Thursdays session, the 16,330 and 16,395 levels are likely to act as key resistance points, while supports are likely to come in at 12,200 and 12,170 levels.
HKEX Monthly Market Highlights mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.
Buy LARSEN 1640 CALL at Rs 19 & simultaneously sell 1680 CALL at Rs 9 Lot Size: 575 Maximum profit: Rs 17250 If LARSEN closes at or above 1680 on 29 July expiry. Breakeven Point: Rs 1650
Rational: We have seen long build up in the Larsen Futures where we have seen 13%(Prov) rise in the Open Interest with price rising by 3.2%. The stock price has broken out on the daily chart with higher volumes where it closed at all-time high levels. RSI Oscillators is placed above 60 and slopping upwards, indicating strength in the current uptrend. Plus DI is trading above Minus DI while ADX line is placed above 25, indicating momentum in the uptrend.
Gold: Kritische Unterstützung bei 1 800 US-Dollar – die Entscheidung naht () aktiencheck.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aktiencheck.de Daily Mail and Mail on Sunday newspapers.