01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 28 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 lower as it placed below $23. However major support is seen at $21.40.

Crude Oil

NYMEX

Consistent trades above $88 would lift prices further higher. Otherwise, there are chances of corrective selloffs for the day.

Gold

KG Feb

Intraday sentiment remains on the lower side as long as it stays below the support of Rs 48100. Major turnaround point is seen at Rs 49000.

Silver

KG Mar

Inability to move past Rs 63200 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 6380. Break below Rs 6200 would negate the bullish outlook and take prices lower.

Natural Gas

Feb

Upticks are likely as long as the support of Rs 302 remain undisturbed. Major resistance is seen at Rs 335.

Copper

Feb

Inability to trade higher above Rs 762 would extend weakness. Else, recovery upticks are on cards for the day.

Nickel

Feb

Resistance of Rs 1735 needs to be cleared for continuation of rallies. Else, there are choppy with mild negative bias for the day.

Zinc

Feb

Consistent trades 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

Upticks to continue while prices stays above Rs 245. A close below Rs 238 is a weak signal.

 

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