03-06-2024 10:09 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 03 June 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

Price remain choppy initially and if it clears $2320 would drag prices lower.

Silver LBMA Spot

A direct dip below $30 would drag prices further lower. Else, recovery upticks are on the cards.

Crude Oil NYMEX

Inability to move past $76 there are chances of recovery upticks.

Gold KG Jul

It is required to break above Rs 72600 to extend rallies. Else, weak bias is on the cards.

Silver KG Jul

Stiff support is placed at Rs 90200 which if cleared would extend weakness.

Crude Oil Jun

Mild recovery upticks expected as long as the support of Rs 6450 remain hold downside.

Natural Gas Jun

Recovery momentum is likely while the support of Rs 210 hold downside.

Copper Jun

While prices stay above Rs 870 it may trigger recovery rallies for the day

Nickel Jun

Expect choppy with thin volume trading in the near future.

Zinc Jun

Consistent trades below Rs 268 would trigger weakness for the day.

Lead Jun

Expect choppy with negative bias trading while prices places below Rs 192.

Aluminium Jun

A direct break above Rs 245 would see recovery upticks.

 

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