IGI Logo

Gold

MACD Bearish divergence suggest possibility of mild weakness. To extend the recovery, prices need to surge above 72750.

Silver

Range bound moves may be seen in the current session. Voluminous dip below 93100 could induce mild correction.

ENERGY

Crude Oil

Further weakness expected to sustain only with voluminous dip below 6430 region. Or else, mild rebounds may be seen in the day.

Natural Gas

Prices may stretch downtrend in the current session, while holding any of the support may induce mild rebounds.

BASE METALS

Copper

MACD bearish divergence suggest possibility of downward moves. However, holding any of the below support may induce mild rebounds.

Nickel

Lack of volume in the counter.

Zinc

Extended dip below 268.20 may induce weakness in the counter, while mild rebounds may witness if the same level is held.

Lead

Corrective moves may possibly stretch lower. Whereas, a rebound could sustain above 193.40 region.

Aluminium

Mild correction is possible in the counter. Rebound above 246.70 region may strengthen prices.

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

SEBI Registration Number: INH200000345