IGI Logo

Gold LBMA Spot:

Broad outlook remain bullish but intraday bias mostly choppy with mild negative.

Silver LBMA Spot:

Choppy with corrective selling pressure expected initially. Anyhow downside turnaround point is seen at $24.20.

Crude Oil NYMEX:

Upticks likely to continue the day. Unexpected drop below $81 is reversal sign.

Gold KG Apr:

Psychological level of Rs 70000 if remain capped expect corrective downside for the day.

Silver KG May:

Further rallies are seen only above Rs 80000, if not expect corrective downside for the day.

Crude Oil Apr:

Choppy trading expected the day. A direct drop below Rs 7000 to trigger weakness.

Natural Gas Apr:

Weakness likely to extend the day. Consistent trades above Rs 165 would see further rallies.

Copper Apr:

Bullish bias likely to take prices further higher the day. Stiff support is placed at Rs 775.

Nickel Apr:

Expect choppy with thin volume trading in the near future.

Zinc Apr:

Bullish outlook remain intact as long as prices stay above Rs 228.

Lead Apr:

Recovery rallies may see as long as the support of Rs 178 remain hold downside.

Aluminium Apr:

Broad bias remain bullish but intraday outlook likely for corrective selling but major weakness not expected.

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

SEBI Registration Number: INH200000345