IGI Logo

Gold LBMA Spot:

A direct rise above $2070 possibly extend upticks. Else, there are chances of choppy trading for the day.

Silver LBMA Spot:

Consistency above $23.50 is required to trigger rallies. Eles, rangebound trades are on the cards.

Crude Oil NYMEX:

Expect choppy with mild weakness to continue as long as prices stay below $75. Anyhow stiff support is placed at $72.

Gold KG Apr:

Consistent trades above Rs 62600 would trigger fresh rallies. Else, weak bias expected the day.

Silver KG Feb:

Unexpected drop below Rs 71000 may see extension of selling pressure. Else, likely for pullback rallies.

Crude Oil Feb:

If prices break the support of Rs 6200 would extend weak momentum. Otherwise there are chances of recovery upticks.

Natural Gas Feb:

Liquidation pressure would continue while prices stay below Rs 175.

Copper Feb:

It is required to break Rs 730 to extend rallies. If not expect weak bias for the day.

Nickel Feb:l

Expect choppy with thin volume trading in the near future.

Zinc Feb:

Immediate resistance is placed at Rs 225. Break of which would extend rallies.

Lead Feb:

Initial bias would be sideways trade inside Rs 184- 181 levels.

Aluminium Feb:

Choppy with mild negative bias expected. A direct drop below Rs 200 would liquidate prices further.

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

SEBI Registration Number: INH200000345