On The Downside 268.5 Intraday And Immediate Support Level - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
* Oil near flat as inflation concerns contend with potential quarantine easing in China
* Oil Slips on Recession Fears, Eyes Positive Week as Supply Tightens
* EU leaders to keep studying gas price caps
Chart of the day:
ZINC: ZINC is continuing its bullish momentum and there are no signal of weakness where 275 is an immediate target level. On the downside 268.5 intraday and immediate support level. While below 268.5 lead further weakness toward 266-265 levels.
Technical View:
* Bullion: Day trend is indicating to sideways to downside in Gold & Silver.
* Energy: Day trend is indicating sideways in Crude oil & Natural gas.
* Base metals: Day trend is indicating sideways to upside in all base metals
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