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01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 13 January 2022 - Geojit Financial Services
News By Tags | #473 #4943

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Gold

LBMA Spot

Immediate resistance of $1830 needs to be cleared for continuation of positive outlook. Else, there are chances of corrective selling for the day.

Silver

LBMA Spot

A direct rise above $23.50 would take prices further higher. Inability to do so intraday outlook may be on the weaker side.

Crude Oil

NYMEX

Outlook remains positive as long as the support of $76.50 restrict downside moves. Next major resistance is placed at $85.

Gold

KG Feb

Resistance at Rs 47900 which needs to be cleared for continuation of upticks. Else, choppy with mild negative bias trading is on cards.

Silver

KG Mar

A direct drop below Rs 59400 would drift prices further lower. Else, there are chances of recovery upticks for the day.

Crude Oil

Jan

Bullish outlook remains on cards as long as the support of Rs 5760 restrict further downsides.

Natural Gas

Jan

Break above the resistance of Rs 351 is needed to continue rallies. Otherwise, it is likely for corrective selling pressure for the day.

Copper

Jan

Upticks to continue while prices stays above Rs 748. Immediate downside turnaround point is seen at Rs 730.

Nickel

Jan

Though the trend remains positive, it required to break the resistance of Rs 1645 to trigger further rallies. Else, there are chance of corrective selling pressure.

Zinc

Jan

Breaking Rs 294 is needed to trigger fresh rallies. If unable to do so, choppy trading is on cards for the day.

Lead

Jan

Further rallies are seen only if it cross above Rs 188. Inability to do so, prices may correct lower.

Aluminium

Jan

Rallies would continue while prices stays above Rs 230. an unexpected break below Rs 228 corrective selling pressure is likely for the day.

 

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