01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 21 January 2022 - Geojit Financial Services
News By Tags | #473 #4943

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Gold

LBMA Spot

While prices stays above $1830 expect choppy with mild upside bias for the day. Break below $1780 is a weak signal.

Silver

LBMA Spot

Recovery rallies may continue while prices stays above $23.50. Major downside reversal point is placed at $21.20.

Crude Oil

NYMEX

Inability to move past $85 there are chances of corrective selling pressure. A direct rise above the same would continue rallies.

Gold

KG Feb

If the support of Rs 47700 remain undisturbed, expect recovery pullbacks. A close below the same is a downside turnaround point.

Silver

KG Mar

Immediate support of Rs 63800 needs to be cleared for continuation of selling pressure. Else, a choppy trading is on cards for the day.

Crude Oil

Feb

Further rallies can be seen only a break Rs 6480. Else, there are chance of corrective selling pressure.

Natural Gas

Jan

As long as prices stays below Rs 297 weak bias likely to continue the day. A close above Rs 313 is a recovery signal.

Copper

Jan

While prices stays above Rs 752 expect rallies to continue. If unable to do so, it may trigger selling pressure.

Nickel

Jan

Pullback rallies to continue which the support of Rs Rs 1680 remain undisturbed. Downside turning point is at Rs 1603.

Zinc

Jan

As long as the support of Rs 296 remains holds, expect bullish outlook to continue in the counter. Else, corrective selloffs are in cards.

Lead

Jan

Further rallies are seen only if it cross above Rs 191. Inability to do so, prices may correct prices lower.

Aluminium

Jan

If unable to break Rs 246 there are chance of corrective selling pressure. However, major support is seen at Rs 232.

 

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