Intraday Technical Outlook 14 February 2022 - Geojit Financial Services
Gold LBMA Spot
Positive outlook remain intact as long as prices stay above $1840. A direct close below $1810 likely to trigger weakness.
Silver LBMA Spot
Recovery upticks likely to continue the day. A direct break below $21.40 would trigger further selling pressure
Crude Oil NYMEX
Bullish outlook continue to take prices higher as long the support $88 remain undisturbed. A close below $86 is a sign of weakness.
Gold KG Apr
If Rs 48500 remain hold expect rallies to continue the day. Break below the support of Rs 47200 is an immediate sign of weakness
Silver KG Mar
Consistent trades above Rs 63600 is needed to continue rallies. A close below Rs 60100 is a major liquidation signal.
Crude Oil Feb
If the support of Rs 6520 remains undisturbed expect bullish outlook to continue the day. A close below Rs 6380 is a weak signal.
Natural Gas Feb
Immediate downside turnaround point is placed at Rs 290. If the support remain undisturbed expect recovery upticks for the day. Else, expect a choppy trading.
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
Inability to break the resistance of Rs 186 weak bias to continue the day. A direct rise above the same would extend rallies.
Aluminium Feb
Choppy with mild positive outlook is likely if the support of Rs 248 remain hold the downside. A direct break of Rs 242 is a weak signal.
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