Intraday Technical Outlook 15 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
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.
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