IGI Logo

BULLION

GOLD

Prices possibly extend the present buying sentiments in the coming session. But slippage below 45160 would be a sign of intraday weakness.

SILVER

Prices yet to challenge above the Bollinger middle band level of 66090 for major buying. Failed to mark such move would be a sign of intraday weakness.

ENERGY

CRUDEOIL

If prices swing above the 4490 could trigger intraday buying. Else hold the same for a downside a corrective move towards the previous session levels.

NATURAL GAS

Intraday move is expect to be southbound if prices stay below the 192 region. In this bearish sentiments, a direct rise which sustained above the same may push prices higher.

BASE METALS

Copper

As long as prices hold the downside support of 681 could expect prices to float higher. But slippage below the same may be sign of intraday weakness.

NICKEL

Ensuing buying sentiments likely to stretch in the coming session towards higher level. On the flipside, a vertical fall below 1218 may squeeze down prices lower

BASE METALS

Zinc

Since prices broke the upside obstacle of 221 region could expect present buying to persist. But fall below the same may squeeze down prices lowe

Lead

As long as prices above the Bollinger middle band level of 161.80 could push prices higher. A direct fall below the above mentioned region may further weaken the prices.

BASE METALS

Aluminium

Ensuing buying sentiments likely to uphold in the coming session. In this positive expectation a sudden fall through 178.50 may squeeze down prices lower.

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