IGI Logo

Gold LBMA Spot

Inability to break above $2000 there are chances of corrective selling pressure. However, major liquidation is seen only a break of $1920.

Silver LBMA Spot

Expect a choppy trading initially. A direct break above the resistance of $24.20 would trigger further rallies.

Crude Oil NYMEX

A gap up opening expected initially. A direct rise above $82 would extend rallies. A direct break of $74 would trigger selling pressure.

Gold KG Apr

Consistent trades below Rs 59000 would trigger selling pressure. Else, upticks are likely for the day.

Silver KG May

Inability to move past Rs 72500 there are chances of corrective selloffs. A direct rise above the same would trigger fresh rallies.

Crude Oil Apr

Gap up opening expected initially. Consistent trades below Rs 6000 is a sign of weakness.

Natural Gas Apr

If unable to break Rs 178 expect recovery upticks. A direct drop of Rs 168 would trigger liquidation pressure.

Copper Apr

Bullish rallies would extend only a break above Rs 795. Else, corrective selling pressure is on the cards for the day.

Nickel Apr

Expect choppy with thin volume trading in the near future.

Zinc Apr

As long as Rs 252 holds, expect recovery rallies for the day. A direct dip below would trigger selling pressure.

Lead Apr

A direct break of Rs 179 would trigger fresh liquidation pressure. Inability to do so may see recovery upticks.

Aluminium Apr

Choppy trading inside Rs 208-202 levels expected initially. Breaking any of the sides would suggest fresh directional moves.

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 Disclaime