01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 22 February 2022 - Geojit Financial Services
News By Tags | #473 #4943

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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 is required to trigger further rallies. Else, there are chances of choppy trading session for the day.

Crude Oil NYMEX

Positive outlook remains intact as long as the support of $88 remains undisturbed. However, a direct rise above further major rallies are in cards

Gold KG Apr

While prices stays above Rs 50000 expect to continue the bullish outlook. Else, there are chances of corrective selling pressure for the day.

Silver KG Mar

If the support of Rs 63000 remains holds, expect to continue rallies. A close below Rs 61500 is a downside reversal signal.

Crude Oil Feb

Expect bullish rallies to continue the day. A direct drop below the support of Rs 6780 it would trigger corrective selling pressure.

Natural Gas Feb

Support of Rs 342 remains holds, expect rallies to continue the day. A close below Rs 328 is a weak signal.

Copper Mar

Upticks are likely as long as the support of Rs 758 holds the downside.

Nickel Mar

If the support of Rs 1765 remain undisturbed expect recovery upticks. A close below Rs 1720 is a major liquidation signal.

Zinc Mar

Consistent trades above Rs 302 is needed to trigger rallies. Else, expect corrective selling pressure for the day.

Lead Mar

A direct drop below Rs 183.50 likely to continue selling pressure. Recovery rallies are seen if it breaks above Rs 186.

Aluminium Mar

Expect rallies to continue while the support of Rs 260 hold the downside. Major resistance is seen at Rs 268.

 

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