Commodity Intraday Technical Outlook 03 March 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Broad sentiment remain bullish and expect to continue the momentum.
Silver LBMA Spot
Consistent trades above $32.50 may extend rallies. Else, corrective selloffs expected.
Crude Oil NYMEX
Recovery rallies expected as long as the support of $70 remain undisturbed.
Gold KG Apr
Further rallies seen above Rs 86500. If unable to break the same may see corrective selloffs.
Silver KG Apr
If unable to break Rs 93000, expect an upside turnaround for the day.
Crude Oil Mar
If Rs 6000 remain hold downside, there are chances of recovery rallies for the day.
Natural Gas Mar
A direct drop below Rs 335 further liquidation pressure is expected. Else, recovery upticks expected.
Copper Mar
Range bound trading inside Rs 850-870 is expected the day.
Nickel Mar
Prices remain choppy with nil volume.
ZincM Mar
A direct rise above Rs 272 may extend rallies. Else, corrective selloffs expected the day.
LeadM Mar
While prices stay below Rs 190 sentient mostly downbeat.
AluminiumM Mar
A bounce back is expected while the support of Rs 256 remain undisturbed.
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