IGI Logo

Gold LBMA Spot

Choppy with selling pressure expected initially. Anyhow, stiff support is placed at $2350.

Silver LBMA Spot

Inability to move past $28 liquidation pressure likely to extend the day.

Crude Oil NYMEX

While below $76 expect to continue the selling pressure. Stiff resistance is seen at$78.50

Gold KG Aug

Choppy with mild negative bias expected initially. Anyhow upside turnaround point is seen at Rs 70000.

Silver KG Sep

While below Rs 80500 would extend selling pressure. Else, recovery rallies expected.

Crude Oil Aug

Inability to move past Rs 6600 would extend selling pressure.

Natural Gas Aug

Broad outlook remains on the weaker side. Anyhow support is placed at Rs 167.

Copper Aug

Break below Rs 780 would extend selling pressure. Else, recovery rallies are on the cards.

Nickel Aug

Expect choppy with thin volume trading in the near future.

Zinc Aug

Choppy trading is on the cards. Anyhow, a direct break above Rs 254 may extend rallies.

Lead Aug

Consistent trades above Rs 187 would lift prices higher for the day.

Aluminium Aug

As long as prices stay below Rs 212 weak bias likely to continue the day.

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

SEBI Registration Number: INH200000345