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

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Gold LBMA Spot

Inability to move past $1900 there are potential upside for the day. A direct drop below $1880 prices will liquidate further.

Silver LBMA Spot

Expect a choppy trading inside $26-24 levels and breaking either the sides would suggest fresh direction of the commodity

Crude Oil NYMEX

Recovery upticks may continue while prices stays above $102. A direct drop below $93 is a sign of selling pressure.

Gold KG Apr

Recovery rallies may be seen if the support of Rs 51000 holds the downside. A direct drop below the same would liquidate prices further.

Silver KG May

Choppy with mild positive bias expected initially. However major rallies are seen only a break above Rs 71000.

Crude Oil Apr

Inability to break the support of Rs 7800 there are chances of recovery upticks. A direct drop below Rs 7200 is an early sign of selling pressure.

Natural Gas Ma

If the support of Rs 352 remain holds expect recovery upticks. A direct drop below Rs 342 would trigger major selloffs.

Copper Mar

Selloffs would continue if prices clear the support of Rs 798. Else, choppy with recovery upticks can be seen.

Nickel Mar

Corrective selloffs are in cards as long as Rs 2800 restricted further upsides

Zinc Mar

Range bound with mild positive trading session is expected the day. A direct fall below Rs 310 is a weak signal.

Lead Mar

Break below the support of Rs 181 prices would liquidate further. Else, there are chances of recovery upticks.

Aluminium Mar

A swift upturn is expected as long as the support of Rs 270 hold the downside. A direct drop below the same is a weak signal.

 

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