01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 16 June 2023 By Geojit Financial
News By Tags | #473 #4943

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BULLION

Gold

Present rebound expected to sustain during intraday. Weakness may be seen only below 58600.

 

Silver

Mild rebounds possible as long as trades sustain above 72100 region. Weakness expected only with corrective dips below the same level.

 

ENERGY

Crude Oil

Extended gains above 5840 may strengthen the prices further. Weakness expected if corrective moves extend below 5730 region.

 

Natural Gas

Mild positivity is expected in the counter. Weakness expected only below 206.50 region.

 

BASE METALS

Copper

Prices expected to trade with mild positive bias. Dip below 725 may induce weakness.

 

Nickel

Thin volume trades seen.

 

Zinc

Trades may extend near to 226.60 region, above which prices may appear further firmer. Whereas, corrective dips may also be seen if prices failed to break the same resistance.

 

BASE METALS

Lead

Mild positivity may be seen in the counter. Dip below 184 may induce weakness.

 

Aluminium

Steady move above 207 region would strengthen prices. Corrective dip below the trend line support of 203.60 may induce weakness.

 

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