Powered by: Motilal Oswal
09-06-2023 05:34 PM | Source: Geojit Financial Services
Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 06 September 2023 By Geojit Financial
News By Tags | #473 #4943

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Bullion

Gold

Range bound moves with mild positive bias expected in the intraday. Sturdy gains above the 59600 may strengthen the prices. Dip below 59000 may induce weakness.

Silver

Extended dip below 73200 may weaken the prices. Rebound may sustain only above 74000 region

 

ENERGY

Crude Oil

MACD Bullish divergence suggest mild positivity. However, an unexpected dip below 7120 may induce weakness.

Natural Gas

Prices may appear firmer above 219 region. A dip below 210 may induce weakness as well.

BASE METALS

Copper

Range bound moves expected in the counter. Prices may appear firmer above 743 region. Slip below 733 may weaken the prices as well.

Nickel

Thin volume trades seen.

 

Zinc

Prices may appear firmer above 221.50 region. Whereas, dip below 218.80 may induce weakness.

BASE METALS

Lead

Prices may strengthen above 189.70 region. Weakness may be seen if prices dip below 186 region.

Aluminium

Sturdy gains above 203.50 region may strengthen the prices. Whereas, a dip below 200 may induce weakness.

 

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