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Intraday Technical Outlook

Gold LBMA Spot

Mild recovery bias expected initially. A direct drop below $1620 prices would liquidate further.

Silver LBMA Spot

Expect a choppy trading inside $20.10-18.20 levels initially and breaking any of the sides would suggest fresh directional moves for the day.

Crude Oil NYMEX

Recovery upticks may continue while prices stay above $84. A direct dip below $81.50 is a sign of further weakness.

Gold KG Dec

Prices needs to break above Rs 51500 to continue rallies. Inability to move past the same expect choppy with mild negative bias.

Silver KG Dec

Consistent trades above Rs 58800 would trigger recovery upticks. Else, there are chance of corrective selling pressure.

Crude Oil Oct

As long as the support of Rs 7050 hold the downside, expect recovery rallies. Else, there are chances of corrective selling pressure.

Natural Gas Oct

Consistent trades above Rs 510 would lift prices higher. If unable to do so may see corrective selling pressure.

Copper Nov

Prices remain congested inside Rs 670-635 levels and breaking any of the sides would suggest fresh directional move for the day.

Nickel Nov

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

Zinc Nov

A direct break above Rs 276 is needs to continue rallies. Else, there are chances of choppy with corrective selling pressure.

Lead Nov

It required to break above Rs 183 to continue rallies. Inability to do so may see corrective selling pressure.

Aluminium Nov

Recovery upticks may continue while prices stay above Rs 200. A direct dip below Rs 195 is a sign of weakness.

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