IGI Logo

Gold LBMA Spot

Consistent trades above $1805 would continue rallies. If unable do so may see slight correction for the day.

Silver LBMA Spot

While prices stay above $22 would continue rallies. Consistent trades below $20.50 is a sign of short term weakness.

Crude Oil NYMEX

Prices need to trade constantly above $82.5 to continue rallies. Else, there are chances of choppy with mild negative bias trading.

Gold KG Dec

As long as prices stay above Rs 53000 would continue rallies. A direct dip below Rs 52500 likely to trigger selling pressure.

Silver KG Feb

While above Rs 64000 would extend fresh buying interest. A direct dip below Rs 62000 would trigger selling pressure.

Crude Oil Dec

Rallies may continue while prices stay above Rs 6500. A direct dip below Rs 6240 is a sign of corrective selling pressure.

Natural Gas Dec

Further rallies are seen only above Rs 585. If the resistance remains caps expect selling pressure for the day.

Copper Dec

As long as prices stay above Rs 685 there are chances of recovery upticks. A direct drop below Rs 670 is a sing of selling pressure.

Nickel Dec

There are chances of fresh buying interest in the counter. But it is expected a volume less trade near term.

Zinc Dec

While prices stay above Rs 267 likely to extend buying interest. Else, there are chances of weak bias.

Lead Dec

As long as prices stay above Rs 185 there are potential upside for the day. A direct dip below Rs 182 is a weak signal.

Aluminium Dec

A direct break above Rs 212 would continue rallies. Else, there are chances of corrective selling pressure for the day.

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