03-07-2024 09:49 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 03 July 2024 - Geojit Financial Services Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Gold LBMA Spot

Choppy trades expected the day. Consistent trades above $2360 would extend rallies.

Silver LBMA Spot

Range bound moves remains on the cards. However, a direct drop below $28.50 may extend weak bias.

Crude Oil NYMEX

Consistent trades above $84 would extend rallies. Else, corrective selloffs expected the day.

Gold KG Aug

It is required to break above Rs 72000 to extend rallies. Else, choppy trading expected the day.

Silver KG Jul

Choppy trades expected inside Rs 88000-92000 for the day.

Crude Oil Jul

Inability to move past Rs 7100 intraday bias mostly on the weaker side.

Natural Gas Jul

Choppy with mild negative bias expected the day while prices stay below Rs 216.

Copper Jul

Break below Rs 835 would trigger liquidation pressure. Else, choppy with upside bias expected the day.

Nickel Jul

Expect choppy with thin volume trading in the near future.

Zinc Jul

Break above Rs 270 it may extend recovery upticks. Else, corrective selling is on the cards.

Lead Jul

Further rallies expected only above Rs 192. If unable to do it may see corrective selling pressure.

Aluminium Jul

As long as the support of Rs 230 hold downside, expect recovery rallies would continue the day.

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 

SEBI Registration Number: INH200000345

To Read Complete Report & Disclaimer     Click Here

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