IGI Logo

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