IGI Logo

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

Crude Oil NYMEX

Prices remain volatile initially. However, inability to break the support of $88 broad positive outlook remain intact in the counter.

Gold KG Apr

While prices stays above Rs 50000 expect to continue the bullish outlook. An unexpected drop blow Rs 49200 is a weak signal.

Silver KG Mar

While prices stays above Rs 63600 would continue rallies. A close below Rs 61500 is an immediate reversal signal.

Crude Oil Feb

Prices remains congested inside Rs 6600-7100 levels initially and breaking either the sides would suggest fresh short term directions.

Natural Gas Feb

Inability to break the immediate resistance of Rs 348 there are chances of corrective selling for the day.

Copper Feb

Upticks are likely as long as the support of Rs 762 holds the downside.

Nickel Feb

If the support of Rs 1750 remain undisturbed expect recovery upticks. A close below Rs 1710 is a major liquidation signal.

Zinc Feb

Inability to break the resistance of Rs 300 expect corrective selling pressure for the day. Consistent trades below Rs 292 is a major weak signal.

Lead Feb

Consistent trades above Rs 186 there are more potential upside for the day. A direct drop below Rs 183 is a weak signal.

Aluminium Feb

As long as the support of Rs 255 hold the downside, there are chances of recovery upticks. A close below Rs 249 is a bearish signal.

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