IGI Logo

BULLION

Gold

Intraday trades expected to be north bound as long as trades sustain above 54900. Weakness expected only below the same region for intraday.

Silver

Break above 71000 region may strengthen prices further. Intraday weakness may seen below 69900.

ENERGY

Crude Oil

MACD bullish divergence suggest possibility of further gains. Intraday weakness may be seen only below 6550.

Natural Gas

MACD Bearish divergence suggest mild weakness in prices while an extended dip below 333 may weaken the prices. However, a rise above 359 may induce mild rebounds.

BASE METALS

Copper

Intraday move expected to be range bound. Unexpected dip below 715 may weaken the prices.

Nickel

Thin volume trades seen.

Zinc

Range bound trades expected in the intraday. Weakness may be seen below 266.

Lead

Moderate rebounds expected. Weakness seen below 186.20.

Aluminium

Range bound trades may be seen. Break below 207.20 may weaken the prices.

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