IGI Logo

Gold LBMA Spot

While the support of $1825 remains hold the downside expect mild positive bias to continue the day. A direct drop of which may correct prices lower.

Silver LBMA Spot

Range bound trade inside $23-24.50 levels remains on the cards initially and breaking any of the sides would suggest fresh directional moves.

Crude Oil NYMEX

Inability to trade consistently above $76 there are chances of corrective selling pressure. Unexpected rise above the same would extend rallies.

Gold KG Feb

Mild positive bias likely to see while prices stay above Rs 55400. Break below Rs 54300 is a sign of weakness.

Silver KG Mar

Consistent trades above Rs 70000 is required to continue upticks for the day. Unexpected break below Rs 68000 is a sign of weakness.

Crude Oil Jan

It is required to break above sustain above Rs 6300 to continue upticks. Else, corrective selling pressure may be seen today.

Natural Gas Jan

Break above Rs 315 would see recovery upticks. Else, there are chances of selling pressure to continue the day

Copper Jan

Bullish outlook may continue as long as the support of Rs 740 hold the downside. Unexpected drop below Rs 720 is a sign of weakness.

Nickel Jan

Expect choppy with thin volume trading in the near future.

Zinc Jan

Bullish rallies may continue while the support of Rs Rs 275 remain undisturbed. A direct drop of which would trigger liquidation pressure.

Lead Jan

Consistent trades above Rs 190 would extend weakness. Else, there are chances of selling pressure.

Aluminium Jan

A slight corrective selloffs may be see as long as Rs 213 caps the upside. A direct rise above the same would extend rallies.

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