IGI Logo

Bullion

Gold

MACD Bearish divergence suggest possibility of weakness. Prices may appear weaker as long as trades sustain below 58500 region.

Silver

MACD bearish divergence suggest prevalence of weakness in the counter. Nevertheless, a voluminous rebound above 70600 may strengthen the prices.

ENERGY

Crude Oil

MACD Bearish crossover suggest possibility of weakness . Dip below 6540 ranges may extend the fall. Rebound above 6690 may offer may strengthen the prices as well.

Natural Gas

Weakness may persist if trades sustain below 222 region. Steady gains above the same level may strengthen the prices as well.

BASE METALS

Copper

Extended dip below 720 region may weaken the prices. Holding the same level may induce mild rebounds.

Nickel

Thin volume trades seen.

Zinc

Range bound moves expected in the intraday. Rebound may sustain only above 212 region.

BASE METALS

Lead

Range bound moves may be seen. Prices may strengthen only above 184.90 region. Weakness may be seen if prices dip below 182 region.

Aluminium

Voluminous trades above 199.50 region may strengthen the prices. Dip below 195.80 may induce weakness as well.

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