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2026-10-05 09:07:53 am | Source: Geojit Investments Limited
Commodity Intraday Technical Outlook 02nd October 2026 - Geojit Investments Ltd
Commodity Intraday Technical Outlook 02nd October 2026 - Geojit Investments Ltd

Gold LBMA Spot

Choppy with mild positive outlook remain intact. Stiff support is placed at $4100.

Silver LBMA Spot

As long as prices stay above $60 likely to extend upticks. Anyhow, intraday volatility expected.

Crude Oil NYMEX

Prices remain choppy initially. However, a direct drop below $88 may trigger weakness.

Gold KG Oct

Stiff support is placed at Rs 151000, which if cleared would trigger liquidation pressure.

Silver KG Dec

Inability to break the support of Rs 230000 there are chances of mild recovery rallies for the day.

Crude Oil Oct

Consistent trades below Rs 8300 likely to extend corrective selloffs. Else, recovery upticks expected.

Natural Gas Oct

There are chances for weak bias to continue initially. Anyhow, stiff support is placed at Rs 265.

Copper Oct

As long as prices stay above Rs 1300 positive bias are intact. Downside turnaround point is seen at Rs 1180.

Nickel Oct

Support is placed at Rs 1550, which if cleared would extend weakness.

ZincM Oct

Intraday volatility expected. Anyhow, broad outlook remains positive.

LeadM Oct

A direct drop below Rs 190 prices would liquidate further. If not, may see choppy trading for the day.

Alumini Oct

Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 324.

 

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