01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 27 January 2022 - Geojit Financial Services
News By Tags | #473 #4943

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Gold

LBMA Spot

A direct break below $1780 would trigger further selloffs in the counter. Else, a choppy trading is on the cards for the day.

Silver

LBMA Spot

Prices may correct further but chances for a recovery upticks are still open while it stays above $22.60.

Crude Oil

NYMEX

Break above the resistance of $88 would lift prices further high. Otherwise there are chances of corrective selloffs for the day.

Gold

KG Feb

If the support of Rs 48100 remain undisturbed, recovery pullbacks to continue the day. A close below the same is a downside turnaround point.

Silver

KG Mar

Inability to move past Rs 65500 would call for corrective selling pressure. A direct rise above the same would negate the mild negative outlook.

Crude Oil

Feb

Rallies may continue while it stays above Rs 6350. Break below Rs 6200 would negate the bullish outlook and take prices lower.

Natural Gas

Feb

Choppy with mild positive bias remain on cards. A close below Rs 288 is required to negate the view and take prices lower.

Copper

Feb

Inability to trade higher above Rs 754 would extend weakness. Else, recovery upticks are on cards for the day.

Nickel

Feb

Corrective selloffs are likely while prices stays below the support of Rs 1690. Further rallies can be seen only a break above Rs 1718.

Zinc

Feb

Break above Rs 300 is needed to continue rallies. If unable to do so, choppy trading is on cards for the day.

Lead

Feb

Further rallies are seen only if it cross above Rs 190. Inability to do so, prices may correct lower.

Aluminium

Feb

Corrective selloffs may continue while prices stays below Rs 248. a direct rise above the same is a upside turnaround point.

 

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