IGI Logo

Gold LBMA Spot

Consistent trades below $1640 would extend the selling pressure. Else, expect recovery upticks for the day.

Silver LBMA Spot

Support of $17.60 remains holds, there are chances of recovery upticks. A direct drop below the same is a major liquidation signal.

Crude Oil NYMEX

Break below the support of $84 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

Stiff support is placed at Rs 55000. A direct drop of which would extend weakness. Else, recovery upticks can be seen today.

Crude Oil Oct

As long as prices stay below Rs 7200 there are chances of continuation of selling pressure. A direct rise above Rs 7380 would negate the trend.

Natural Gas Oct

Expect liquidation pressure to continue while prices stay below Rs 535. A direct rise above Rs 560 is a recovery sing.

Copper Oct

A direct break above Rs 660 would extend rallies. Likewise, below the support of Rs 649 would extend corrective selling pressure.

Nickel Oct

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

Zinc Oct

Prices remain congested inside Rs 265-275 levels and breaking any of the sides would suggest fresh direction for the day.

Lead Oct

A direct rise above Rs 185 may take prices further higher. Else, corrective selloffs are in cards.

Aluminium Oct

A direct rise above Rs 210 would extend rallies. Else choppy with negative bias trading expected the day.

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