07-08-2024 06:19 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 07 Aug 2024 - Geojit Financial Services Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Gold

A mild correction is possible in the upcoming session. However, a rebound above 69350 region may strengthen the recovery momentum.

 

Silver

Range bound trades expected in the current session. A voluminous rebound above 80650 region can strengthen the prices, while weakness may e seen below 79000 region.

 

Crude Oil

Prices may appear firmer above 6260 region. Weakness may be seen below 6000.

 

Natural Gas

Extended rebounds above 177 region could strengthen the prices further. Whereas, inability to cross above the same can induce correction.

 

Copper

Mild weakness expected to prevail in the counter. Rebound above 780 region can offer upside room for prices.

 

Nickel

Lack of volume in the counter.

 

Zinc

Mild weakness is expected to prevail in the counter. Holding the support levels may induce rebounds.

 

Lead

Recovery move could strengthen with sturdy trades above 184 region. Else, mild correction is possible below the same.

 

Aluminium

Prices may extend the fall if the support level at 210 is breached. Recovery move could possibly strengthen above 214.20 region.

 

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

SEBI Registration Number: INH200000345

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer