01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 26 April 2022 - Geojit Financial Services
News By Tags | #473 #4943

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Gold LBMA Spot

Inability to move past $1875 there are chances of recovery upticks for the day. A direct drop below $1875 would continue liquidation pressure.

Silver LBMA Spot

If prices clear the support of $23.50 there are more potential downside in the counter. Inability to do so may trigger recovery upticks.

Crude Oil NYMEX

Choppy trading with mild upside bias expected the day. A direct drop below $93 is a major weak signal.

Gold KG Jun

Inability to move past Rs 52600 weak bias to continue the day.

Silver KG May

As long as prices stays below Rs 67000 weak momentum to continue the day. Direct rise above Rs 69000 could negate the view.

Crude Oil Apr

Weakness likely to continue if prices break the support of Rs 7400. Else, potential upticks on cards for the day.

Natural Gas Apr

Recovery upturn expected if the support of Rs 498 remains hold the downside.

Copper Apr

Expect choppy with mild negative bias trading as long as prices stay below Rs 812. Upside turnaround point is placed at Rs 824.

Nickel Apr

Prices remain range bound inside Rs 2300-2600 levels and breaking either the sides would suggest fresh short term directions.

Zinc Apr

Short term outlook remain choppy with negative while prices stays below Rs 367. A direct rise above Rs 377 would take prices higher.

Lead Apr

A direct rise above Rs 186 would take prices higher. Else, weak bias to continue the day.

Aluminium Apr

If unable to move past Rs 255 there are chances of recovery upticks. A direct drop below the same would continue weak bias.

 

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