06-06-2024 10:49 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 06 June 2024 - Geojit Financial Services Ltd

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Gold LBMA Spot

Expect recovery upticks while the support of $2325 hold downside.

Silver LBMA Spot

Recovery rallies expected while the support of $29.50 remain undisturbed.

Crude Oil NYMEX

If the support of $72 remain hold, expect recovery upticks for the day.

Gold KG Aug

A direct break above Rs 72500 would extend rallies. Else, corrective selloffs are likely.

Silver KG Jul

Further selloffs are expected only below Rs 88000. If unable to do it may see recovery upticks

Crude Oil Jun

Upbeat sentiment is on cards while prices stay above Rs 6000.

Natural Gas Jun

Expect a broad rage bound trade inside Rs 240-210 levels in the immediate run.

Copper Jun

Prices remain steady with mild positive bias for the day.

Nickel Jun

Expect choppy with thin volume trading in the near future.

Zinc Jun

Intraday sentiment mostly choppy while prices stay below Rs 265.

Lead Jun

Expect choppy with negative bias trading while prices places below Rs 192.

Aluminium Jun

Consistent trades below Rs 238 may see extension of selloffs. Else, recovery rallies expecte

 

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