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01-01-1970 12:00 AM | Source: Geojit Financial Services
Commodity Intraday Technical Outlook 25 January 2023 - Geojit Financial Services
News By Tags | #473 #4943

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Gold LBMA Spot

Choppy trading expected initially. A direct rise above $1940 is needed to extend rallies for the day.

Silver LBMA Spot

Prices remains congested inside $24-22.50 levels and breaking any of the sides would suggest fresh direction for the day.

Crude Oil NYMEX

Break above $83 would continue rallies. Else, there are chances of corrective selling pressure.

Gold KG Feb

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

Silver KG Mar

Expect a choppy trading inside Rs 70000-66600 levels and breaking either s

Crude Oil Feb

If unable to break Rs 6750 there are chance of corrective selling pressure for the day. A direct rise above the same would lift prices further higher.

Natural Gas Jan

Inability to consistent above Rs 295 there are chances of corrective selling pressure for the day.

Copper Feb

Bullish outlook remains on the cards while prices stay above Rs 775. A direct dip below Rs 758 is a sign of corrective selling pressure.

Nickel Feb

Expect choppy with thin volume trading in the near future.

Zinc Feb

Outlook remains on the bullish side while prices stay above Rs 290. A direct drop of which would trigger liquidation pressure.

Lead Feb

Choppy with mild negative bias expected as long as prices stay below Rs 189.

Aluminium Feb

Bullish outlook would continue while prices stay above Rs 220. a direct dip below Rs 208 is a sing of reversal.

 

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