05-09-2023 05:37 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 09 May 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

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the 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