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Nifty Intraday Trend Analysis, Stock Market Prediction & Support Levels
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Spot Gold prices initially edged higher but later remained range bound ahead release of key US data. Change in private, non – farm and manufacturing payrolls as well as unemployment rate will be released later today. The forecasts show that the payrolls are expected to have a lesser rise when compared to July. Base metals edged lower on weak global factory output…..read full post from Commodity Updates
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Spot Gold recovered its previous session’s loss on bargain hunting but, diminishing worries over recession in US is likely to cap further gains. US consumer spending data released yesterday showed that the levels rose at the fastest pace in five months. Federal Reserve caught between political pressure and slowing economy is also likely to weigh on market sentiments…..read full post from Commodity Updates[
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