IGI Logo

Gold

Bearish Divergence in MACD lines suggest weakness to continue in the counter. Any rebound could sustain only above 61500 region.

Silver

Prices may appear firmer above 71600 region. Whereas, fall below the support of 70860 may induce mild weakness.

ENERGY

Prices may appear firmer above 6470 region. Whereas, a dip below 6320 weaken prices as well.

Natural Gas

MACD Bearish divergence suggest weakness may continue further. Holding any of the support may induce mild rebounds.

BASE METALS

Copper

Extended gains above 721 may further strengthen the prices. Inability to clear the same may induce mild consolidation.

Nickel

Lack of volume in the counter

Zinc

Voluminous trades above 213 region may strengthen prices further. Inability to move above the same may induce corrective moves.

Lead

Prices may further strengthen above 179.10 region. Else, mild correction may be seen.

Aluminium

Weakness may extend if prices dip below 199, whereas a rebound above 202.60 may strengthen the prices as well.

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

SEBI Registration Number: INH200000345