Commodity Intraday Technical Outlook 28 March 2023 - Geojit Financial Services
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Gold LBMA Spot
Inability to break above $2000 there are chances of corrective selling pressure. However, major liquidation is seen only a break of $1920.
Silver LBMA Spot
Expect a choppy trading initially. A direct break above the resistance of $23.50 would trigger further rallies.
Crude Oil NYME
As long as the support of $68 remains holds, expect recovery upticks to continue the day.
Gold KG Apr
Consistent trades below Rs 58000 would trigger selling pressure. Else, upticks are likely for the day.
Silver KG May
If Rs 71000 remains caps expect corrective selling pressure initially. Anyhow major support is placed at Rs 67500.
Crude Oil Apr
A direct break above Rs 5900 would extend rallies. Else, there are chances of corrective selling pressure for the day.
Natural Gas Mar
While prices stay below Rs 178 liquidation pressure may continue the day. Further rallies are seen only a break of Rs 192.
Copper Apr
Mild upticks expected initially but a direct lift above Rs 784 is needed to trigger major rallies.
Nickel Apr
Expect choppy with thin volume trading in the near future.
Zinc Apr
As long as Rs 252 holds, expect recovery rallies for the day. A direct dip below would trigger selling pressure.
Lead Apr
While prices stay below Rs 282 expect selling pressure to continue the day. A direct rise above Rs 285 would trigger rallies.
Aluminium Apr
Prices remains congested inside Rs 208-202 levels and breaking any of the sides would suggest fresh directional moves.
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
