01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 26 May 2023 By Geojit Financial
News By Tags | #473 #4943

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

BULLION

Gold

Diverging MACD lines after bearish crossover suggest the possibility of weakness. However, a rebound above 60200 may strengthen prices for the day.

 

Silver

Range bound trades expected in the intraday. Whereas a voluminous rebound above 71400 may strengthen the prices.

 

ENERGY

Crude Oil

Prices would appear if rebounds sustain above 6040 region. Weakness expected if prices dip below 5910.

 

Natural Gas

Weakness may seen if prices sustain below 206. Rebound expected if prices rebound above the same.

 

BASE METALS

Copper

Prices may appear firmer above 714. Weakness expected below 702

 

Nickel

Thin volume trades seen.

 

BASE METALS

Zinc

Extended gains above 212 could strengthen the prices for the day. Weakness may seen below 207.

 

Lead

Range bound trades expected. A voluminous rebound above 185.70 may strengthen the prices.

 

Aluminium

Rebound above 210.50 region may strengthen the prices. Dip below 205.40 may weaken the prices.

 

 

 

To Read Complete Report & Disclaimer Click Here

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 

SEBI Registration Number: INH200000345

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer