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Intraday Technical Outlook

Gold LBMA Spot

Upticks likely to continue initially. Immediate reversal point is placed at $3900.

Silver LBMA Spot

While prices stay above $60 would extend bullish rallies. Else, choppy trading expected the day.

Crude Oil NYMEX

Choppy trading expected initially. Stiff resistance is placed at $62.

Gold KG Feb

As long as prices stay above Rs 130000 would extend rallies. Else, choppy trades expected.

Silver KG Mar

Bullish outlook likely to continue. Major support is seen at Rs 175000.

Crude Oil Dec

There are chance of recovery upticks as long as the stiff support of Rs 5100 hold downside.

Natural Gas Dec

Further selloffs expected only below Rs 365. Inability to break it may see recovery rallies.

Copper Dec

Broad outlook remain positive but stiff support is seen at Rs 1045.

Nickel Dec

Support is placed at Rs 1300, which if cleared would extend weakness.

ZincM Dec

Choppy trading expected initially. Downside reversal point is seen at Rs 310.

LeadM Dec

Break above Rs 185 may extend recovery upticks. Else choppy trads is on the cards.

Alumini Dec

Stiff resistance is seen at Rs 280 which needs to be cleared for further rallies. Else, the trend remains choppy.

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