26-12-2023 05:39 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 26 December 2023 By Geojit Financial Services Ltd

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BULLION

GOLD

Range bound moves with mild positive bias. Weakness may extend if prices dip below Rs 61700.

Silver

Choppy trading expected initially. However prices may strengthen further above Rs 75760.

 

ENERGY

Crude Oil MCX Dec

Mild positivity expected intraday. Whereas, a dip below Rs 5950 can induce mild correction.

 

Natural Gas

Likely to extend weakness as long as it stays below Rs 205. Rebound above 211 level may strengthen the prices as well.

 

BASE METALS

Copper

As long as prices stay above Rs 728 recovery upticks may extend the day. A Voluminous dip below 724 region can induce mild weakness.

 

Nickel

Thin volume trades seen.

Zinc

Sustained trades above Rs 228 may extend upswings. A direct drop below Rs 222 is a weak sign.

 

BASE METALS

Lead

Range bound moves with mild rebounds may be seen. Weakness may be seen below 182.

Aluminium

Consistent trades above Rs 205 would extend recovery upticks. If not, may see corrective selloffs.

 

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