Commodity Intraday Technical Outlook 06th October 2026 - Geojit Investments Ltd
Gold LBMA Spot
Choppy with mild positive outlook remain intact. Stiff support is placed at $4100.
Silver LBMA Spot
A direct drop below $60 expect more liquidation pressure. Else, mild recovery upticks can be seen.
Crude Oil NYMEX
Prices remain choppy initially. However, a direct drop below $88 may trigger weakness.
Gold KG Oct
While prices stay below Rs 148000, possibly drag down prices further lower. Immediate resistance is placed at Rs 152000.
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
Expect a tight rangebound trade initially. A close above Rs 300 likely to trigger fresh rallies.
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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