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25-10-2024 05:57 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 25 October 2024 - Geojit Financial Services Ltd

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Gold

A voluminous dip below the support 77550 may induce a corrective fall. Holding the same support can induce rebounds as well.

Silver

Extended dip below 94460 region may drag the prices further lower. Whereas, a sustained gains above 96400 can offer upside room for prices.

Crude Oil

Sturdy move above EMA resistance 6090 may strengthen the prices. Inability to move above the same may induce corrective moves in this session.

Natural Gas

Prices may appear firmer above the SMA resistance of 257.60 region. Else, corrective move may witness below the same level.

Copper

Sustained trades below EMA support at 834.50 may induce mild weakness. Else, mild rebounds may be witnessed.

Nickel

Lack of volume in the counter.

Zinc

Corrective moves may continue if dips sustain below SMA region of 284.20. Rebound may strengthen only with sturdy move above 286.20 region.

Lead

Rebound above 184.40 can offer upside room. Else, corrective moves may prevail.

Aluminium

Mild weakness is possible if prices remain below SMA support at 240.70. Rebound above the same may offer upside room.

 

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