Commodity Intraday Technical Outlook 02 April 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Bullish outlook likely to continue while prices stay above $3000.
Silver LBMA Spot
Immediate resistance is placed at $34.50 and sustained trades above the same would trigger further rallies.
Crude Oil NYMEX
Inability to break the support of $71 there are potential recovery upticks for the day.
Gold KG Apr
Bullishness may continue as long as the support of Rs 90000 hold downside.
Silver KG Apr
Prices likely to be choppy initially. Anyhow, a direct drop below Rs 99700 would trigger liquidation.
Crude Oil Apr
Intraday momentum mostly positive while the support of Rs 6000 remain hold downside.
Natural Gas Apr
A direct drop below Rs 330 likely to extend weakness for the day.
Copper Apr
While below Rs 900 expect choppy trading for the day.
Nickel Apr
Prices remain choppy with nil volume.
ZincM Apr
If Rs 265 holds expect recovery rallies for the day. Else, weakness may continue.
LeadM Apr
If prices stay above Rs 178 there are potential upside.
AluminiumM Apr
Stiff support is placed at Rs 244 which if cleared would extend weak bias for the day
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
