01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 15 February 2022 - Geojit Financial Services
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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

Consistent trades above $24 would trigger further rallies. Else, there are chances of choppy trding session for the day.

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

Bullish outlook to continue while the support of Rs 48500 remain undisturbed . Break below the support of Rs 47200 is a sign of weakness.

Silver KG Mar

Consistent trades above Rs 63600 would continue rallies. A close below Rs 61500 is a immediate reversal signal.

Crude Oil Feb

Bullish outlook remain intact while prices stays above Rs 6780. 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.

Copper Feb

While prices stays 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

Inability to break the resistance of Rs 300 expect corrective selling pressure for the day. Consistent trades below Rs 292 is a major 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 trading inside Rs 261-152 levels expected initially and breaking any of the sides would suggest fresh direction in the commodity.

 

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