01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 15 November 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

Gold LBMA Spot

Upticks likely to continue the day while prices stay above $1710. A direct dip below $1660 is a sign of weakens.

Silver LBMA Spot

As long as prices stay above $20 rallies would continue the day. A direct drop below the same would trigger selling pressure

Crude Oil NYMEX

Prices most likely choppy inside $93-86 levels and breaking any of the sides would suggest fresh directional moves for the day.

Gold KG Dec

Rallies may continue but stiff resistance is seen at Rs 53000. A direct break of which likely to extend buying pressure. Else, prices may edge down for the day.

Silver KG Dec

A direct break above Rs 63000 would extend rallies. If unable to do so may see corrective selling pressure for the day

Crude Oil Nov

Consistent trades above Rs 7200 is needed to extend rallies. Else, there are chances of selling pressure for the day.

Natural Gas Nov

Intraday trend remains choppy inside R520-485 levels and breaking any of the sides would suggest fresh directions for the day.

Copper Nov

Corrective selling process is likely if the resistance of Rs 710 remains caps the upside.

Nickel Nov

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

Zinc Nov

Buying pressure would continue while prices stay above Rs 270. A direct drop below Rs 255 is a sign of weakness.

Lead Nov

While prices stay above Rs 183 would extend rallies. Inability to do so may see corrective selling pressure.

Aluminium Nov

Upticks can be seen only a break above Rs 212. Inability to break the same would trigger selling pressure.

 

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