IGI Logo

Gold

LBMA Spot

Expect a choppy with mild positive bias as long as it stays above $1820. However a direct drop below $1790 would weaken the sentiments.

Silver

LBMA Spot

Break below the support of $21.20 short term outlook will turn to bearish. Else, choppy trading is on cards.

Crude Oil

NYMEX

Upticks to continue while prices stay above $73.50. consistent trades below $69 is a weak signal.

Gold

KG Feb

If Rs 47500 remains holds expect a turnaround in prices today. Meanwhile, a direct drop below Rs 47700 is a sign of weakness.

Silver

KG Mar

Prices remain range bound with mild upside bias initially. A direct break below Rs 60300 is a short term selling signal.

Crude Oil

Jan

While prices stays above Rs 5450 intraday bias remains positive. Further weakness is seen if it breaks at Rs 5300.

Natural Gas

Jan

Mild recovery upticks are on cards. Meanwhile, a direct break of Rs 270 would trigger selling pressure in the counter.

Copper

Jan

Upticks likely to continue while prices stays above Rs 738. A close below Rs 728 is a short term weak signal.

Nickel

Jan

Outlook continue to be positive while prices stays above Rs 1560. a direct break of Rs 1520 is a weak signal.

Zinc

Jan

Choppy with negative bias trading expected as long as prices stay below Rs 288. Further rallies are seen only a break of Rs 293.

Lead

Jan

Break above Rs 188 is needed to trigger fresh rallies. If unable to so, prices may correct lower in near future.

Aluminium

Jan

Consistent trades below Rs 223 would extend selling pressure for the day. Otherwise recovery upticks are on cards.

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