Commodity Intraday Technical Outlook 09 February 2023 - Geojit Financial Services
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
Gold LBMA Spot
Choppy trading expected initially. Anyhow, prices needs to stabilize above $1900 to continue upticks.
Silver LBMA Spot
Prices may struck inside $22.50-22 levels initially and breaking any of the sides would suggest fresh intraday direction.
Crude Oil NYMEX
Upticks may extend while prices stay above $76. A direct dip below the same would trigger weakness.
Gold KG Apr
A direct break below Rs 66500 would continue selling pressure. Break above Rs 71000 is a sign of reversal.
Crude Oil Feb
Upticks likely to continue as long as the support of $ 6250 hold the downside. An unexpected drop of which may trigger weakness
Copper Feb
Corrective selloffs are likely if prices are unable to move past 782.
Nickel Feb
Expect choppy with thin volume trading in the near future.
Zinc Feb
Expect a congested trade inside Rs 285-272 levels and breaking either side would suggest fresh directions.
Lead Feb
Choppy with mild negative bias expected as long as prices stay below Rs 189.
Aluminium Feb
Consistent trades below Rs 218 would extend selling pressure. Else, there are chances of mild recovery upticks.
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
