IGI Logo

Gold LBMA Spot

While prices stays above $1810 expect to continue rallies in the counter. Else, a choppy trading is on the cards for the day

Silver LBMA Spot

Chances of recovery upticks are on cards. A direct break below $21.40 would trigger further selling pressure.

Crude Oil NYMEX

Positive bias likely to continue as long as prices stays above $88. A close below $86 is a sign of weakness.

Gold KG Apr

Choppy with mild upside bias expected as long as the support of Rs 47200 hold downside. However, major resistance is seen at Rs 49000.

Silver KG Mar

Consistent trades above Rs 62800 is needed to continue rallies. A close below Rs 60100 is a major liquidation signal.

Crude Oil Feb

Recovery upticks are on cards while prices stays above Rs 6420. A close below Rs 6200 is a weak signal.

Natural Gas Feb

Inability to break above Rs 320 there are potential selling pressure is on cards. Anyhow major support tis seen at Rs 278.

Copper Feb

While above Rs 762 would extend rallies. Else, there are chances of choppy with mild negative bias trading.

Nickel Feb

If the support of Rs 1710 remain undisturbed expect recovery upticks. A close below the same is a major liquidation signal.

Zinc Feb

While prices stays above Rs 300 bullish rallies would continue the day. Consistent trades below Rs 292 is a weak signal.

Lead Feb

Expect weakness to continue while it stays below Rs 186. Anyhow major support is seen at Rs 180.

Aluminium Feb

Bullish rallies would extend as long as prices stays above 248. A close below the support of Rs 239 is a sign of weakness.

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