IGI Logo

Gold LBMA Spot

If the support of $1770 remain hold, chances of recovery upticks are still on cards. A direct drop below the same would call for corrective selling.

Silver LBMA Spot

A mild positive bias is likely as long as prices stay above $23.40. However, major rallies are seen only a close above $24.60.

Crude Oil NYMEX

Initial dips are likely but there are chances of continuation of rallies later. Immediate downside reversal point is seen at $67.40.

Gold KG Oct

If the support of 46600 remains hold expect continuation of positive bias. Else, may see weak bias for the day.

Silver KG Sep

Prices needs to break above 64000 to continue rallies in near future. A direct drop below 61500 is a weak signal.

Crude Oil Sep

Buying momentum likely to continue while prices stay above 5240. A close below 5120 is a weak signal.

Natural Gas Sep

Bullish rallies would extend as long as the support of 378 remain undisturbed. A close below 360 is a weak signal.

Copper Sep

Choppy trading inside 740-718 levels expected initially. Breaking either the sides would suggest further direction for the day

Nickel Sep

Rangebound with negative bias is likely as long as prices stay below 1528.

Zinc Sep

Prices needs to break 256 to continue rallies the day. Else, expect a choppy trading.

Lead Sep

If the support of 185 remain undisturbed expect rallies for the day. A direct drop below the same is a weak signal.

Aluminium Sep

Corrective selloffs are expected initially but may find support near 224 and turn higher later.

To Read Complete Report & Disclaimer Click Here

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 
SEBI Registration Number: INH200000345