07-11-2024 05:28 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 07 November 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

Recovery upticks expected initially. Further selloffs are likely only below Rs 76300.

 

Silver

As long as the support of Rs 90000 remains hold downside, expect recovery upticks for the day.

 

Crude Oil

Intraday momentum mostly choppy with mild negative. A direct rise above Rs 6090 would extend rallies.

 

Natural Gas

While prices stay below Rs 234 there are chances of choppy with negative bias trading.

 

Copper

Prices remain choppy inside Rs 828-854 levels and either side breakout would suggest fresh directions.

 

Nickel

Lack of volume in the counter.

 

Zinc

Recovery rallies are on the cards while prices remains hold the support of Rs 280.

 

Lead

Range bound trades expected. Rebound above Rs 183.60 can strengthen the prices.

 

Aluminium

While above Rs 244 expect upticks would continue the day. A direct drop below Rs 238 is a sign of reversal.

 

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