23-10-2024 06:06 PM | Source: Geojit Financial Services
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 23 October 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

Prices expected to edge north bound in the current session. Fall below the support 77630 may induce a corrective fall.

 

Silver

MACD bullish divergence suggest positivity in the current session. However, a dip below the support of 98350 region can trigger liquidation.

 

Crude Oil

Sturdy move above EMA resistance 6100 may strengthen the prices. Else, mild correction is possible in the current session.

 

Natural Gas

MACD bearish divergence suggest the possibility of weakness. However, if trades sustain above the EMA support at 204.30, prices may extend recovery moves.

 

Copper

Mild negative bias expected to prevail. Holding near the trend line support at 795 may induce rebounds.

 

Nickel

Lack of volume in the counter.

 

Zinc

Prices may edge lower in the current session. A revisiting trades above 289.60 region may lift the prices higher.

 

Lead

Mild weakness expected. Rebound above 181.60 can offer upside room.

 

Aluminium

Sturdy move above 242.60 region may offer upside room. Dip below 238.70 can induce correction.

 

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