Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 27 June 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

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.

 

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