Powered by: Motilal Oswal
01-01-2025 10:18 AM | Source: Geojit Financial Services Ltd.
Commodity Intraday Technical Outlook 01 January 2025- Geojit Financial Services Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Intraday Technical Outlook

Gold LBMA Spot

Prices remain steady and possibly trade below $2675 levels for the day.

Silver LBMA Spot

A direct break below $28.50 would extend selloffs. Else, recovery rallies expected.

Crude Oil NYMEX

While prices stay above $70 expect recovery rallies for the day.

Gold KG Feb

If the support of Rs 75500 remain hold, there are chances of mild recovery rallies for the day.

Silver KG Mar

Immediate resistance is seen at Rs 90000, which needs to be cleared for further rallies

Crude Oil Jan

Steady trades expected but prices remain on the mild positive territory.

Natural Gas Jan

While above Rs 300 expect mild positive bias for the day.

Copper Jan

Inability to move past Rs 808 intraday bias mostly on the weaker side.

Nickel Jan

Prices remain choppy with nil volume.

ZincM Jan

As long as the support of Rs 282 hold downside, there are chances of recovery rallies for the day.

LeadM Jan

While prices stay below Rs 180 intraday sentient mostly downbeat.

AluminiumM Jan

Prices mostly rangebound in the tight range. A direct drop below Rs 238 would trigger selling pressure.

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer