01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 24 March 2022 - Geojit Financial Services
News By Tags | #473 #4943

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Gold LBMA Spot

Recovery upticks are on cards as long as the support of $1920 remain undisturbed. 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

Upticks would continue while prices stays above $108. 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, further selloffs may be seen only a close below Rs 67000.

Crude Oil Apr

Recovery moves may continue as long as the support of Rs 8100 remain undisturbed. A direct drop below the same is an early sign of selling pressure

Natural Gas Mar

If the support of Rs 372 remain holds expect choppy with positive bias. A direct drop below Rs 342 would trigger major selloffs.

Copper Mar

Upticks likely to continue the day. A direct break below Rs 798 selloffs would continue.

Nickel Mar

Chances of a turn around in prices as long as the support of Rs 2000 hold downside. Unexpected drop below the same weakness would continue.

Zinc Mar

Initial dips expected, but later prices to continue with positive bias. A direct fall below Rs 328 is a weak signal.

Lead Mar

Break below the support of Rs 181 prices would liquidate further. Else, there are chances of recovery choppy trading session for the day.

Aluminium Mar

Rallies would continue while prices hold the support of Rs 270. A direct drop below the same is a weak signal.

 

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