IGI Logo

BULLION

GOLD

Established buying sentiments may continue towards the price objective of 50230 or even higher. Even in this bullish picture, a vertical fall below 49800 may dent our buying move.

SILVER

Prices still have room for gains and possibly strengthen in the upcoming session to 64800 or even more. But a direct fall below 63300 may grab down prices lower.

ENERGY

CRUDEOIL

Present long liquidation move may stretch lower towards the downside objective of 6850 firstly followed by 6780. But recovery trades above 7010 could boost prices higher in the later session.

NATURAL GAS

Present long liquidation move may persist if prices remain below 357 region. Although retreating trades above the same may invite fresh buying in the session to come.

BASE METALS

COPPER

Intraday bullish move could trigger only by tangible above 772 region. Failed to achieve mark such trades may gradually push prices lower in the upcoming session.

NICKEL

Choppy trades can be seen with mild positive sentiments in today’ s session. But an unexpected fall below 1768 may eventually push prices lower.

ZINC

Intraday move is expected to be north bound towards the Bollinger middle band level of 299.80 region or even higher. A corrective fall below 296.20 may be sign of further weakness.

LEAD

Prices still stuck in a consolidation region. Although, if prices remain above 184.50 could expect mild positive trades towards the price objective of 186.40 or even more.

ALUMINIUM

Witnessing buying sentiments may largely to extend in the upcoming session if prices remain above 259.30 region. But a surprise fall below the same may dent our intraday buying sentiments.

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