Commodity Intraday Technical Outlook 22 January 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
While above $2700 it would extend rallies. Else, corrective downside expected.
Silver LBMA Spot
Choppy with mild weakness expected the day. Anyway stiff resistance is placed at $31.50.
Crude Oil NYMEX
Outlook remain choppy initially. Further rallies expected only above $80.
Gold KG Feb
Recovery rallies may continue the day.
Gold KG Feb
Recovery rallies may continue the day.
Crude Oil Feb
If Rs 6500 remain holds expect choppy with mild upticks for the day.
Natural Gas Jan
While below Rs 330 likely to extend weakness.
Copper Jan
As long as Rs 830 hold downside, there are chances of recovery rallies.
Nickel Jan
Prices remain choppy with nil volume.
ZincM Jan
Further rallies seen only above Rs 278. It not, may see choppy trading for the day.
ZincM Jan
Further rallies seen only above Rs 278. It not, may see choppy trading for the day.
AluminiumM Jan
It is required to move past Rs 256 to extend rallies. If not may see corrective selloffs for the day.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
