IGI Logo

Gold LBMA Spot

Corrective selloffs are likely as long as $1965 remains caps the upside. However major liquidation pressure is seen only a close below $1900.

Silver LBMA Spot

Expect a choppy trading inside $26-24 levels and breaking either the sides would suggest fresh direction of the commodity.

Crude Oil NYMEX

Furter rallies are seen only if prices cleared the resistance of $116. Otherwise expect a choppy trading session for the day.

Gold KG Apr

If the support of Rs 51000 holds the downside expect a choppy trading session for the day. A direct drop below the same would liquidate prices further.

Silver KG May

Selloffs are seen only a close below Rs 67000. Otherwise, a range bound trading is on cards for the day.

Crude Oil Apr

Choppy with mild negative bias trading expected initially. However a direct drop below Rs 8100 is an early sign of major sell offs.

Natural Gas Mar

While prices stays above Rs 408 there are more potential upside. A direct drop below Rs 390 is a sign of weakness.

Copper Apr

Inability to break above Rs 820 there are potential selling pressure. Else, recovery rallies are on cards

Nickel Apr

Chances of a turn around in prices as long as the support of Rs 2000 hold downside. Unexpected drop below the same weakness would continue.

Zinc Apr

A direct fall below Rs 328 is a weak signal. Else, choppy trading is on cards.

Lead Apr

Major liquidation is seen only a consistent trades below Rs 180. Else, there are chances of recovery trading session for the day.

Aluminium Apr

While prices stays above Rs 280 there are potential upside. Else, it may trigger selloffs.

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