21/12/2021
MAJOR ECONOMIC DATA FOR THE DAY
No Major Economic Data for the day
Gold
Gold has support at 48050 and resistance at 48250. Break and sustain below 48050 will take it to the next support level of 47900..47800 and sustainable trade above 48250 and see further upside move towards the next resistance level of 48350…48500.
Silver
Silver has support at 61800 and resistance at 62200. Break and sustain below 61800 will take it to the next support level of 61400..61000 and sustainable trade above 62200 and see further upside move towards the next resistance level of 62600…62900.
Nickel
Nickel has support at 1533 and resistance at 1541. Sustainable trade above 1541 will see the upside move towards 1548…1555 and if sustained below 1533 can catch the downside move towards 1526…1518 respectively.
Copper
Copper has support at 741 and resistance at 745. Sustainable trade above 745 will see the upside move towards 748…751 and if sustained below 741 can catch the downside move towards 738…735 respectively.
Zinc
Zinc has support at 282 and resistance at 286. Selling can see this counter below 282 for the targeting towards 280…279 and sustainable trade above 286 will see the upside move towards 287…289.
Aluminium
Aluminium has support at 218 and resistance at 219.50. Sustainable trade above 219.50 will see the upside move towards 221…223 and if sustained below 218 can catch the downside move towards 216.50…215 respectively.
Crude Oil
Crude Oil has support at 5200 and resistance at 5280. Sustainable trade above 5280 can see more upside move towards 5340…..5380 and if sustained below 5200 will see the downside move towards 5150….5100 levels.
Natural Gas
Natural Gas has support at 280 and resistance at 286. Sustainable trade above 286 can see more upside move towards 290..294 and if sustained below 280 will see the upside move towards 276….270 levels.
Sanjay Rajput