27-11-2024 05:29 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 27 November 2024 - Geojit Financial Services Ltd

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BULLION

Gold

Prices may gain upward momentum above SMA level 76430. Fall below 74850 may induce mild weakness.

 

Silver

Recovery move can strengthen only with steady move above 91450 region. Else, corrective trades may be witnessed in the current session.

 

ENERGY

Crude Oil

Rebound may strengthen only if trades move above 5960 level. Or else, corrective dips possible to occur in the current session.

 

Natural Gas

MACD bullish divergence suggest the prevalence of positivity. However, trades below 279 may extend correction.

 

BASE METALS

Copper

Prices may strengthen above 814 region. Whereas, a dip below 802 can weaken the prices as well.

 

Nickel

Lack of volume in the counter.

 

Zinc

Prices expected to exhibit upward moves. Fall below 285.60 region may induce correction.

 

BASE METALS

Lead

Range bound moves expected. Sturdy move above EMA level 181.80 can strengthen the prices.

 

Aluminium

Upticks are possible if prices stay above the SMA level 241.70. While, correction is possible if prices move below the same level.

 

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