IGI Logo

Gold LBMA Spot:

Prices likely to congest inside $2065-2009 levels and breaking any of the sides would suggest fresh directions.

Silver LBMA Spot:

Further selloffs expected only below $22. Else, there are chances of mild recovery upticks

Crude Oil NYMEX:

A direct rise above $79 would trigger bullish rallies. Else, choppy trades are on the cards.

Gold KG Apr:

If the support of Rs 62000 remain holds expect mild recovery upticks for the day.

Silver KG Mar:

Stiff support at Rs 69800, which if broken would extend selling pressure.

Crude Oil Feb:

Prices remain on the positive side as long as it holds the support of 6250. Downside reversal point is seen at 5900.

Natural Gas Feb:

Broad outlook remain on the weaker side. Break above Rs 148 could lift prices higher for the day

Copper Feb:

Further selling pressure seen only below Rs 705. Else, mild recovery can be seen today.

Nickel Feb:

Expect choppy with thin volume trading in the near future.

Zinc Feb:

Weak bias likely to continue as long as the resistance of Rs 212 caps upside.

Lead Feb:

Expect choppy with negative bias trading as long as prices stay below Rs 181.

Aluminium Feb:

Choppy trading expected initially. Anyhow, major selloffs expected only below Rs 199.

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

SEBI Registration Number: INH200000345