IGI Logo

BULLION

Gold

Even though the broad buying still unharmed and possible to retreat higher in the coming session. On the flipside, a corrective fall below 48820 would trigger intraday weakness in the coming session

SILVER

Dip below the downside hindrance of 71400 may grab prices lower. Failed to establish such trades may be a sign of fresh buying in the coming session.

ENERGY

CRUDEOIL

Witnessing corrective move less likely to gain momentum unless prices settle below 4955 region. Which if remain undisturbed could lift prices to further higher.

NATURAL GAS

Intraday weakness may trigger only by substantial trades below the downside obstacle of 220 region. Which if remain untouched could bid fresh buying in the coming session.

BASE METALS

Copper

Current feebleness of prices likely to continue if prices remained below 762 region. In this bearish note, retreating trades above the same could boost prices higher.

NICKEL

Fall past below the 1322 could trigger a downside corrective move in the later session. Inability to mark such trades could lift prices to higher levels.

ZINC

By breaking the downside obstacle of 238 region could push prices lower. Botched attempt to win such trades may boost prices higher.

LEAD

Prices possibly to trade with in the trading range of 170.80 - 173.50. A decisive move which breaks either side of the mentioned region could set off fresh directional move.

ALUMINIUM

Weakness may persist if prices remain below the upside hurdle of 192.70 region . Although a direct rise above the same could cajole fresh buying in the coming session.

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