Commodity Intraday Technical Outlook 06 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
While prices stay below $70 weak outlook likely to continue the day.
Gold KG Apr
Outlook remain bullish as long as the support of Rs 84500 hold downside.
Silver KG Apr
While prices stay above Rs 93000, momentum mostly on the positive side.
Crude Oil Mar
Choppy trades expected initially. Anyhow broad sentiments most likely on the weaker side.
Natural Gas Mar
Sentiment remain positive while prices stay above Rs 360.
Copper Mar
While prices stay above Rs 870 intraday sentiment largely on the positive side.
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
Expect recovery upticks as long as the support of Rs 258 remain undisturbed.
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