01-01-1970 12:00 AM | Source: Geojit Financial Services
Commodity Intraday Technical Outlook 23 January 2023 - Geojit Financial Services
News By Tags | #473 #4943

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Gold LBMA Spot

While prices stay above $1900 expect recovery rallies to continue the day. A direct drop of which is a sign of weakness.

Silver LBMA Spot

Prices remains consolidate initially. However, it needed to break above $24.50 to trigger fresh rallies.

Crude Oil NYMEX

Break above $82.50 is needed to continue rallies. Else, there are chances of corrective selling pressure.

Gold KG Feb

While prices stay above Rs 56600 would extend buying interest. Else, corrective selling pressure are likely for the day.

Silver KG Mar

As long as Rs 67500 hold the downside, expect recovery rallies. Else, expect a choppy trading selling for the day.

Crude Oil Feb

Immediate resistance of Rs 6700 is needed to extend rallies. Else, choppy with mild negative bias trading expected the day.

Natural Gas Jan

Expect a recovery in prices as long as the support of Rs 262 hold downside. Unexpected drop of which is a sign of liquidation.

Copper Jan

Break above Rs 775 may see further rallies in the counter. Else, choppy with mild negative bias is on the cards for the day.

Nickel Jan

Expect choppy with thin volume trading in the near future.

Zinc Jan

Outlook remains on the bullish side while prices stay above Rs 282. A direct drop of which would trigger liquidation pressure.

Lead Jan

If unable to break above Rs 192 there are chances of corrective selling. A direct lift above would continue rallies.

Aluminium Jan

Prices remain stay positive as long as Rs 218 hold the downside. A direct dip below Rs 210 would trigger liquidation pressure.

 

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