IGI Logo

Gold LBMA Spot

Recovery upticks are expected only a consistent trades above $1725. Else, choppy with weak bias to continue the day.

Silver LBMA Spot

If the support of $18 remain holds expect recovery upticks for the day. A direct fall below the same would extend liquidation pressure.

Crude Oil NYMEX

Upticks may continue as long as the support of $95 remains undisturbed. A direct drop below $93 is a sign of sharp liquidation.

Gold KG Aug

Further selloffs are seen only a direct dip below Rs 49600. Else, recovery upticks expected the day.

Silver KG Sep

A direct drop below Rs 55200 prices will liquidate further. Otherwise, chances of recovery upticks are on cards

Crude Oil Jul

Choppy with upticks expected as long the support of Rs 7600 remains undisturbed. A direct drop below Rs 7200 is a major liquidation signal.

Natural Gas Jul

Inability to move past Rs 545 upticks would continue the day. However consistent trades below Rs 520 is a sign of weakness.

Copper Jul

Choppy with mild negative bias trading expected. Break above Rs 720 would continue rallies.

Nickel Jul

Volume less trades inside Rs 1880-2400 levels likely to continue in near future.

Zinc Jul

While prices stay above Rs 265 it may extend the buying momentum. A direct drop below Rs 258 is an early sign of weakness.

Lead Jul

Pullback rallies would continue as long as the support of Rs 174 hold the downside. A direct dip below Rs 170 is a sign of weakness.

Aluminium Jul

Stiff support is placed at Rs 202. If it remains holds expect recovery upticks to continue the day. Else, weakness is likely.

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