IGI Logo

Gold Mini Apr/ LBMA Spot Gold

Weak momentum may continue as long as it stay below the support of $1760. Meanwhile, major liquidation pressure is seen only if it breaks below $1660. A direct rise above $1760 is required to trigger recovery upticks towards $1820 or more later. MCX GoldM Apr Res: 45250 Support: 44220.

Silver Mini Apr/ LBMA Spot Silver

Major support is placed at $24.20, which needs to be cleared for continuation of weak bias. A direct rise above $27 is a recovery signal. MCX Silver Apr: Res at Rs 67180. Sup: 64020.

Copper Apr

If 665 remain hold the downside, expect recovery momentum for the day. A direct drop below 660 is a weak signal.

Nickel Apr

Breaking the support of 1158 is required to extend liquidation pressure. Else, mild recovery upticks in the cards for the day.

Lead Apr

Upticks are likely as long as 159 hold the downside. A direct drop below 157 is signal of further liquidation.

Zinc Apr

If 217 remains hold, expect rallies to continue the day. Weakness is seen only a close below 215.

Aluminium Apr

Prices continue to stay firm as long as it hold the support of 176. Weakness is seen only a break of 173.

MCX Crude Oil Apr/NYMEX Crude Apr

As prices cleared the resistance of $61 expect upticks to continue in the counter. Anyhow next major obstacle is seen at $66. A direct drop below $57 is an immediate sign of weakness. MCX Apr: Res at Rs 4560 / Support: Rs 4340.

Natural Gas Apr

Price continue to gain upside momentum as long as it hold the support of 185. weakness is seen only a break of 177.

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at www.geojit.com
SEBI Registration number is INH200000345

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer