IGI Logo

Gold LBMA Spot

As long as prices stay below $1845 likely to extend weakness in the counter. A direct rise above $1900 would negate the view.

Silver LBMA Spot

Sentiment probably choppy with mild negative bias. A direct turn above $22.50 would negate the view and trigger rallies.

Crude Oil NYMEX

A direct break above $77 is needed to extend the buying pressure. Inability to do so may see corrective selling pressure for the day.

Gold KG Apr

Weak bias likely to continue while prices stay below Rs 56000. A direct break above Rs 56600 could negate the view and take prices higher.

Silver KG May

Inability to moves past Rs 66000 selling pressure would continue thew day. A direct rise above the same would trigger fresh recovery rallies.

Crude Oil Mar

It is required to break above Rs 6450 to continue fresh buying pressure. Else, choppy with corrective selling pressure is likely for the day.

Natural Gas Mar

Stiff resistance is seen at Rs 232. A direct break of which is needed to extend rallies. Otherwise corrective selling pressure is on the cards for the day.

Copper Mar

Choppy trading expected initially. Consistent trades above Rs 782 would trigger another round of bullish rallies.

Nickel Mar

Expect choppy with thin volume trading in the near future.

Zinc Mar

Resistance is seen at Rs 277 and breaking the same is needed to see continuation of rallies. A direct drop below Rs 265 is a weak signal.

Lead Mar

As long as prices stay above Rs 182 there are chances of recovery upticks. A direct drop below Rs 178 is a bearish sign.

Aluminium Mar

Prices remains choppy inside Rs 208-214 ranges and breaking any of the sides would suggest fresh directions for 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