IGI Logo

Gold LBMA Spot:

Prices remain range bound in a tight range inside $2060-2010 levels initially.

Silver LBMA Spot:

A direct drop below $22 would trigger another round of liquidation pressure. Else possibilities of mild upticks.

Crude Oil NYMEX:

Breaking any of the sides of $76-71 region would suggest fresh short term directions.

Gold KG Apr:

A direct break below 61000 would extend selling pressure. Else, recovery upticks are on the cards.

Silver KG Mar:

Further selloffs expected only below Rs 70300. If unable to break the same would call for recovery rallies.

Crude Oil Feb:

Ongoing buying interest likely to continue the day. Downside reversal is expected only below 6150.

Natural Gas Feb:

Prices remain choppy inside 132-139 region and breaking any of the sides would guide fresh directional moves.

Copper Feb:

Inability to break 722, there are chances of weak bias to continue the day.

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:

As long as the support of 199 holds expect mild pullbacks. Unexpected drop of which would trigger further liquidation.

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

SEBI Registration Number: INH200000345