IGI Logo

BULLION

GOLD

By breaking off the upside hindrance of 51220 would boost prices higher in the later session. Inability to achieve such trades may eventually push prices lower.

SILVER

Determined trades above 63300 would be a sign of fresh buying towards the 63900 or even more. Other wise we could see intraday weakness by holding the upside hurdle of 63300

ENERGY

CRUDEOIL

Broad buying still intact and possibly to uphold in the session ahead. Even in this positive outlook, a surprise fall below 9160 may bid a downside corrective move.

NATURAL GAS

Refurbish trades which sustain above 695 could boost prices higher in the session ahead. Else hold the same for prices to turn lower towards the objective of 672

BASE METALS

COPPER

Intraday move is expected to be north bound if prices remain above the downside hindrance of 791 region. But a corrective fall below the same may dent our buying expectation.

NICKEL

Prices possibly to consolidate with mild negative bias if prices remain below 2360 region. But determined trades above the same may invite fresh recovery move

ZINC

Current feebleness of prices largely to continue towards the downside objective of 328 or even more. Even in this bearish sentiments revisiting trades above 334.40 may bid fresh recovery move.

LEAD

Prices have been approaching towards the upside hindrance of 186 region, which if breaks could expect prices to gains higher. Else could expect prices to turn lower.

ALUMINIUM

Determined trades which sustain above 237.50 could lift prices further higher. Failed to mark such trades may eventually push prices lower in the session ahead

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