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Intraday Technical Outlook

Gold LBMA Spot

Further rallies seen only above $2700. Immediate downside reversal point is seen at $2620.

Silver LBMA Spot

Prices remain choppy in a tight range with mild negative bias.

Crude Oil NYMEX

Consistent trades above $70 may extend rallies. If not, there are chances of selling pressure.

Gold KG Feb

Immediate resistance is seen at Rs 79000 which needs to be cleared for further rallies.

Silver KG Mar

It is required to break above Rs 96000 to extend rallies. Else, weak bias is on the cards.

Crude Oil Dec

Intraday resistance is seen at Rs 6000 which needs to be cleared for further rallies.

Natural Gas Dec

Prices remain choppy with mild positive bias.

Copper Dec

While below Rs 820 there are chances of choppy with mild weak bias.

Nickel Dec

Nil volume trades expected.

ZincM Dec

If unable to break the support of Rs 285 there are chances of recovery rallies.

LeadM Dec

While prices stay below Rs 180 intraday sentient mostly downbeat.

AluminiumM Dec

Congested trades indie Rs 248-240 levels expected initially and either side breakout would suggest fresh directions.

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