Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 09 May 2023 By Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
BULLION
Gold
Range bound trades with mild positive bias expected in the intraday. A dip below 60400 may consider as early sign of weakness.
Silver
Weakness is expected extend if prices dip 76400 region. Else, range bound trades may be seen.
Crude Oil
Prices may appear firmer as long as trades sustain above 5870. Weakness expected if prices break below the same support region
Natural Gas
Rebounds above 185 may strengthen the prices. Weakness may seen below 176.
BASE METALS
Copper
Prices may strengthen with steady rebound above 753.50 region. Weakness my seen if prices dip below 744.
Nickel
Thin volume trades seen.
Zinc
Mild weakness may be seen in the intraday. Whereas a rebound above 238.20 may strengthen the prices for the day.
Lead
Extended gain above 185.70 may strengthen the prices. Weakness expected only with dip below 183.70.
Aluminium
Prices may appear firmer above 209.30 region. Weakness expected below 207.
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
