IGI Logo

Gold

MACD Convergence still suggest sideways trend in prices. Range bound trades expected in the intraday. Rebounds may sustain only above 54600.

Silver

Range bound trades with mild negative bias expected in the intraday. Recovery momentum may strengthen above 68300.

Crude Oil

Intraday movement expected range bound. Recovery moves may sustain only above 6300 for intraday.

Natural Gas

Intraday trades expected to be range bound with mild negative bias. Rebounds above 525 may negate bearish expectations for the day. Whereas, extended dip below 501 may weaken the prices further.

Copper

Present rebound may sustain only above 710.60 region. Else, corrective dips may be seen.

Nickel

Thin volume trades seen.

Zinc

Mild negativity expected. Rebounds above 276.70 may negate bearish expectations for intraday.

Lead

Range bound trades expected. Rebound may sustain above 186.30. Weakness expected below 183.90

Aluminium

Intraday trades expected to be mild negative. Prices may appear firmer above 209.80.

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