Powered by: Motilal Oswal
14-11-2024 06:03 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 14 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

MACD Bearish divergence suggest the prevalence of weakness. Holding the trend line support at 71930 can induce rebounds.

 

Silver

Extended fall below the trend line support at 86070 can trigger further weakness. Inability to move below the same support can cause mild recovery moves.

 

Crude Oil

Extended dip below 5660 region can trigger downward dips. Voluminous rebound above 5900 may offer upside room.

 

Natural Gas

Prices may appear firmer above the trend line resistance at 254 region. A voluminous dip below 239 can trigger mild weakness as well.

 

Copper

Mild Weakness expected to prevail. Mild upticks may witness if prices held any of the downside support.

 

Nickel

Lack of volume in the counter.

 

Zinc

Mild weakness may prevail in the current session. Holding the trend line support can induce rebounds.

 

Lead

Mild weakness expected. Holding any of the support can induce mild rebounds.

 

Aluminium

Intraday movement expected to be southbound. Recovery uptick can sustain only with sturdy move above EMA level at 235.70.

 

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