Intraday Technical Outlook 27 April 2022 - Geojit Financial Services
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 there are more potential downside in the counter. Inability to do so may trigger recovery upticks.
Crude Oil NYMEX
Prices may edge higher as long as the support of $99 remain undisturbed. A direct drop below $95 would trigger weakness in the counter.
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
Recovery upticks are on cards as long as the support of Rs 7700 hold the downside. Further selloffs are seen only a break of Rs 7400.
Natural Gas Apr
Prices needs to break 540 to continue upside bias. Else, there are choppy with mild negative bias trading for the day.
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
Further selloffs are seen only a break of Rs 253. Else, there are chances of recovery upticks for the day.
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