Evening Roundup : Daily Evening Report on Bullion, Base Metals and Energy Commodities - Geojit Investments Ltd
Gold Mini Aug
Range bound trades with mild negative bias expected to prevail in this session. Whereas, a rebound above the 143700 level could offer the possibility for upticks.
Silver Mini Aug
Sustained trades below 227000 region indicate the possibility for further weakness. But a rebound above the same could shift this sentiments.
Crude Oil Jul
Prices may continue to advance in the near term. However, a decline below the 7550 level could weaken the bullish outlook and trigger downward pressure.
Natural Gas Jul
A rebound above the 286 level could offer upside momentum. Conversely, a break below 275 may lead to further weakness.
Copper Jul
Prices are likely to maintain an upward bias in the current session. However, a break below 1305 could negate this outlook.
Alumini Jul
A sturdy move above 346 could provide further upside momentum, while failure to break this level may trigger a corrective decline.
Zinc Mini Jul
Extended dip below 374.20 could induce weakness. Rebound above 378.40 could regain upward momentum.
Lead Mini Jul
Slip below the 197.20 level could weaken the prices. Prices could strengthen only with solid move above 199.20 region.
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