Intraday Technical Outlook 18 October 2021 - Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Gold LBMA Spot
Choppy with mild positive bias can be seen if it remain hold the support of $1745. Anyhow, immediate resistance is seen at $1800.
Silver LBMA Spot
A direct break above $23.60 would take prices further higher. Else, there are chances of weak bias for the day.
Crude Oil NYMEX
Bullish outlook remain intact as long as the support of $79.50 hold the downside. Downside reversal point is seen at $61.
Gold KG Oct
Expect choppy with mild positive bias trading while prices stays above 46200.
Silver KG Dec
Consistent trades above 63500 is needed to extend positive bias. Else, there are chances of choppy trading for the day.
Crude Oil Oct
Bullish rallies would continue as long as the support of 5980 remain undisturbed.
Natural Gas Oct
Corrective selloffs are likely if prices are unable to move past 418. Major support is seen at 348.
Copper Oct
Bullish rallies would continue while the support of 778 remain undisturbed.
Nickel Oct
Intraday bias remain on the positive side if 1500 restrict further selling pressure.
Zinc Oct
Bullish momentum remains on the cards initially. A direct break of 290 is a weak signal.
Lead Oct
While prices stay above 185 bullish rallies to continue the day. A close below the same is a weak signal.
Aluminium Oct
Intraday trend likely to be positive if the support of 248 remain act as a stiff downside obstacle. Anyhow major resistance is seen at 272.
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
