Intraday Technical Outlook 27 June 2022 - Geojit Financial Services
Gold LBMA Spot
Recovery upticks can be seen as long as the support of $1815 remains undisturbed. A direct drop below the same would trigger further weakness.
Silver LBMA Spot
Prices remains choppy in $22.50-20.50 levels and breaking any of the sides would suggest fresh directional moves
Crude Oil NYMEX
Consistent trades above $109 may extend pullback rallies. Else, it may continue weakness for the day.
Gold KG Aug
Recovery bias expected only a break above Rs 51200. Else, there are chances of choppy trading. A direct drop below Rs 50200 is a sign of major liquidation.
Silver KG Jul
Consistent trades below Rs 59300 would trigger liquidation pressure. Else, recovery upticks are on the cards.
Crude Oil Jul
Recovery moves expected if prices consistently trades above Rs 8500. Anyhow major support is placed at Rs 8000.
Natural Gas Jun
liquidation pressure would continue the day as prices stays below Rs 520. Further rallies are seen only a break above Rs 548.
Copper Jun
While prices stay below Rs 720 would continue selloffs. Else, recovery upticks are on cards.
Nickel Jun
Volume less trades inside Rs 1880-2400 levels likely to continue in near future.
Zinc Jun
Another round or rallies expected only if prices consistent above Rs 310. Else, liquidation pressure may continue the day.
Lead Jun
Inability to move past Rs 185 there are chances of corrective selling pressure. Consistent trades above the same would trigger rallies.
Aluminium Jun
Recovery moves expected only a break above Rs 218. Else, intraday moves are on the corrective selling side.
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