Evergrande Crisis: The cash crunch at Evergrande Group is a long-term issue for China but won’t trigger a contagion for India and the rest of Asia, according to James Sullivan.
HUL – Recovery In Discretionaries Continues; Commodity Costs Stable On A Sequential Basis
Hindustan Unilever Ltd. (HUL) continues to lay the foundation for future growth and has been able to do so ahead of peers.
Copper Demand Continues to Outstrip Supply | Neal Bhai
Copper Demand: In the late-August copper price forecast update it was noted that “the shifting narrative around the supply-demand picture has created an opportunity whereby copper traders may be able to retake the pandemic uptrend, which would keep intact the prospect of a multi-month bull flag forming – and if viable, another jaunt to all-time highs.”
Yesterday Gold MCX Tips Rocking 45930 to 46799 Full Target Hit | Neal Bhai Reports – 9899900589 – 9582247600
Gold MCX Tips: The debt and currency markets are considered the ‘smartest’ and deepest, so their detachment from yesterday’s sell-off should be considered an important signal. It would not be surprising if, later in the day, we see increased buying in stocks of strong companies after the recent downturn.
Natural Gas Trading Tips: All Target Hit 369 to 386.90 | Neal Bhai
Natural Gas Trading Tips: Natural Gas yesterday settled down by 1.82% at 382.4 on projections for slightly lower consumption through next week, but soaring global rates burnished the outlook for prices and kept them on course for a fourth straight weekly gain.
MCX Gold Target Hit: 45930 to 46375 | Gold Buy on Dips | Neal Bhai
MCX Gold Target Hit: 45930 to 46375 | Gold Buy on Dips. After Thursday’s $50 slide, gold price looked to stabilize on Friday, although held on to multi-week lows near $1750. Sellers took a breather after the previous decline, which was mainly seen as a chart-based sell-off after gold price failed to resist above the $1800 barrier.
Spot Gold Prices Ready For Up-Move (Need Patience) | NEAL BHAI
The spot gold (Yellow Metal) settled below the $1790 mark and edged lower through the Asian session on Thursday, marking the second successive day of a negative move.