IGI Logo

Gold LBMA Spot

Mild recovery can be seen as long as the support of $1848 remains undisturbed. A direct drop below the same would trigger further weakness.

Silver LBMA Spot

Inability to break the support of $21.50 there are potential upticks for the day. A direct drop below $20 would trigger major liquidation.

Crude Oil NYMEX

While prices stay above $105 it may continue with positive bias. A direct drop below $97 is a weak signal.

Gold KG Jun

While pries stays above Rs 50600 there are potential upticks for the day. Further weakness can be seen only a consistent trade below the same.

Silver KG Jul

If the support of Rs 60500 hold the downside, expect recovery upticks. A direct drop below Rs 60000 is a sign of major weakness.

Crude Oil Jun

Expect rallies to continue while prices stay above Rs 8300. Break below Rs 7600 is a short term weak signal.

Natural Gas Jun

Bullish outlook likely to continue while prices stay above Rs 690. Consistent trades below Rs 660 is a sign of weakness.

Copper Jun

Expect a range bound trading inside Rs 780-752 levels with mild negative bias.

Nickel Jun

Volume less trades inside Rs 1880-2400 levels likely to continue in near future.

Zinc Jun

Inability to break above the resistance of Rs 324 there chances of corrective downside. Anyhow major support is seen at Rs 310.

Lead Jun

As long as the support of Rs 178 remains hold, expect recovery upticks for the day. A direct drop below the same is a major selling signal.

Aluminium Jun

Mild positive bias expected if the support of Rs 240 hold the downside. A direct fall below Rs 230 is sign of weakness.

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