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Without some good news out of Europe, early trading stands to produce a downside breakout in the market and in coming weeks DJIA 9,680 , S&P 500: 1012.

Gold prices ended at a seven-month low on Comex , resuming their downward march, as some investors opted to leave the market amid dissatisfaction with the yellow metal's performance. Gold slid 2.3% this past week and is down 12% from its 52-week high of $1,794.10 hit in October. Gold's fall has come amid increased competition from better-performing stocks and as investors worry about the exit of large fund managers like George Soros from the bullion market.... Get Free Commodity Trading Strategies For Today Here- http://www.live-market-tips.com/mcx-gold-tips-and-commodity-trading-strategies-for-today/

The wide-based National Stock Exchange index Nifty moved up by 44.85 points, or 0.79 percent, to 5,689.90. Stocks of Wipro shot up by 1.44 percent to Rs 366.60 after the company reported a jump of 23.8 percent in consolidated net profit for the second quarter. Target Achieved for EID Parry As buy call given on eid parry on 31/October/2012 for target of 235 it has been achieved today, one can book profit at this levels on EID Parry. Heritage Foods (India) Ltd Buy Above: 320 Target of: For More Details: http://www.kyachadega.com/2012/11/optiontipsin-nifty-resistance-at-5725.html

Turmeric NCDEX october futures is in sideways trend and we can see selling in it for the next week.If in the upcoming week Turmeric sustains below the level of 7500 then it can test the levels of 6750 on the downside.On the upside, if it breaks the level of 9090 then we can expect the levels of 9800 in it till the end of the week.

Economic indicators suggest economy is weakening. Big crunch at open setting stage for test of last week's lows and a buying opportunity in a month, six weeks.

Technical rally possible today prompted by reassurance out of Europe. Fear frenzy suggests "buy" not far off - odds favor DJIA below 10,000 Sept./Oct.

European markets fell sharply Tuesday after Eurozone finance ministers said last night that they will wait until later in October than previously thought to decide whether to extend more aid to Greece.

The Street awaits news from the Fed and Europe, the latter not expected now until early October. Beware of a new-prompted breakout above DJIA 11,740 (S&P 1220)

While all of the focus has been on European and American economies, the forgotten continent has been Asia and what effect the struggling world economy would have on China's growth.

The energy sector was broadly higher following a BP report that divided the blame over several major oil companies. The price of oil meanwhile, fell beneath $90 per gallon again today after reaching Tuesday highs in recent trading.