Intraday Technical Outlook 27 January 2022 - Geojit Financial Services
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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