Intraday Technical Outlook 28 September 2021 - Geojit Financial
Gold LBMA Spot
Choppy with mild negative sentiments is likely but direct break of $1725 would trigger major liquation pressure in coming sessions.
Silver LBMA Spot
A direct rise above $23.20 is needed to continue upticks. Else, choppy with corrective selloffs are likely for the day.
Crude Oil NYMEX
Bullish rallies to continue while prices stay above $71. Immediate reversal point is placed at $69.50.
Gold KG Oct
Recovery moves can be seen but unlikely for major rallies. Further liquidation is seen only if it breaks the support of Rs 45700.
Silver KG Dec
Inability to move past Rs 59000 there are chances of recovery momentum to continue the day.
Crude Oil Oct
Buying momentum would continue as long as the support of 5240 remain undisturbed.
Natural Gas Oct
Bullish momentum to continue while prices stay above 352. A close below 342 is a sign of weakness.
Copper Oct
Range bound with mild negative bias is likely while prices stay below 722.
Nickel Oct
A direct lift above 1472 may extend rallies. Else, there are chances of corrective selling for the day.
Zinc Oct
While prices stay above 257 bullish outlook would continue in the counter. A close below the same is a weak signal.
Lead Oct
Break above 184 can extend upticks. Else, there are chances of choppy trading for the day
Aluminium Oct
Further rallies can be seen only a break of 232. Else, there are chances of liquidation pressure.
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