01-01-1970 12:00 AM | Source: Geojit Financial Services
Commodity Intraday Technical Outlook 13 October 2022 - Geojit Financial Services
News By Tags | #473 #4943

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

Consistent trades below $1660 would extend the selling pressure. A direct rise above $1730 would negate the trend.

Silver LBMA Spot

If unable to break the support of $18.50 there are chances of recovery upticks. Else, it may extend weakness for the day.

Crude Oil NYMEX

Break below the support of $86 may see extension of weakness. Else, an upside turnaround is possible for the day.

Gold KG Dec

If prices remains stays below Rs 51500 weak bias to continue the day. A direct rise above would negate the trend.

Silver KG Dec

Weak bias likely to extend as long as prices stay below Rs 59200. Further rallies are seen only a break above Rs 62000.

Crude Oil Oct

Recovery upticks would continue if prices stay above Rs 7150. A direct drop of the same is a weak signal.

Natural Gas Oct

Expect a choppy trade inside Rs 525-560 levels initially and breaking any of the sides would suggest fresh directional moves for the day.

Copper Oct

Expect a choppy trade inside Rs 525-560 levels initially and breaking any of the sides would suggest fresh directional moves for the day.

Nickel Oct

Volume less trades inside Rs 1720-2250 levels likely to continue in near future.

Zinc Oct

While below Rs 274 may extend selling pressure. A direct rise above Rs 278 likely to negate the view.

Lead Oct

Prices remains inside the range of Rs 183-175 levels and breaking any of the sides would suggest fresh direction for the day.

Aluminium Oct

A direct rise above Rs 210 would extend rallies. Inability to so may extend weakness.

 

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