02-10-2023 12:02 PM | Source: Geojit Financial Services
Commodity Intraday Technical Outlook 10 February 2023 - Geojit Financial Services
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Gold LBMA Spot

If unable to break above $1900 would extend selling pressure. A direct rise above the same would extend rallies.

Silver LBMA Spot

Choppy with mild negative bias expected. A direct turn above $22.50 would take prices higher.

Crude Oil NYMEX

Expect a range bound with mild positive bias trading while prices stay above $76. A direct dip below the same would trigger weakness.

Gold KG Apr

Break below Rs56200 would trigger further selling pressure. Else, expect a slight recovery upticks.

Silver KG Mar

A direct break below Rs 66500 would continue selling pressure. Break above Rs 71000 is a sign of reversal.

Crude Oil Feb

Break above Rs 6500 is needed to extend rallies. Else, corrective selling pressure is on the cards for the day.

Natural Gas Feb

It is required to stabilise above Rs 222 to extend buying interest. Else, a choppy trading is on the cards.

Copper Feb

Corrective selloffs are likely if prices are unable to move past 782.

Nickel Feb

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

Inability to trade above Rs 222 there are chances of corrective selling pressure to extend the day.

 

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