IGI Logo

Gold LBMA Spot

Mild recovery can be seen as long as the support of $1848 remains undisturbed. A direct drop below the same would trigger further weakness.

Silver LBMA Spot

Choppy trading remains on cards as long as prices stay below $23. Recovery moves are anticipated only consistent trades above $23.50.

Crude Oil NYMEX

While prices stay above $105 it may continue with mild positive bias. A direct drop below $97 is a weak signal.

Gold KG Jun

While pries stays above Rs 50600 upticks likely to continue the day. Further weakness can be seen only below the same.

Silver KG May

Inability to move past Rs 60500, expect recovery upticks to continue the day. A direct drop below Rs 60000 is a sign of major weakness.

Crude Oil May

Expect rallies to continue while prices stay above Rs 8300. Break below Rs 7600 is a short term weak signal.

Natural Gas May

Bullish outlook is intact and prices may continue rally while it stays above Rs635. A direct drop below Rs 590 is a sign of weakness.

Copper Jun

Expect a range bound trading inside Rs 788-752 levels with mild negative bias.

Nickel Jun

Volume less trades inside Rs 1880-2400 levels likely to continue in near future.

Zinc Jun

While prices stays above Rs 315 outlook remain positive. A direct drop below Rs 310 would weaken the trend further.

Lead Jun

Expect a choppy trade inside Rs 190-178 levels and breaking either sides would suggest fresh directional moves.

Aluminium Jun

If unable to move past Rs 250 there are chances of corrective selling. Else, it may continue rallies.

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