Powered by: Motilal Oswal
2025-09-08 09:08:42 am | Source: Geojit Investments Ltd
Commodity Intraday Technical Outlook 08th Sept 2025 - Geojit Investments Ltd
Commodity Intraday Technical Outlook 08th Sept 2025 - Geojit Investments Ltd

Intraday Technical Outlook

Gold LBMA Spot

While above $3460 likely to extend rallies. Immediate reversal point is seen at $3220.

 

Silver LBMA Spot

As long as prices stay above $38 upbeat sentiments likely to continue the day.

 

Crude Oil NYMEX

If unable to hold the support of $61 expect prices to edge higher. If not may continue weakness.

 

Gold KG Oct

Broad outlook remains bullish and likely to extend rallies.

 

Silver KG Nov

Rallies would continue while prices stay above Rs 118000. Downside reversal point is seen at Rs 110000.

 

Crude Oil Sep

Stiff support is at Rs 5400 which if hold expect recovery momentum.

 

Natural Gas Sep

Choppy trading expected, mostly inside Rs 278-260 levels.

 

Copper Sep

Prices mostly congested inside Rs 910-890 levels and either side breakout would suggest fresh directions.

 

Nickel Sep

Prices remain choppy with nil volume.

 

ZincM Sep

Break above Rs 280 would continue rallies. If not may see choppy trades for the day.

 

LeadM Sep

If unable to break above Rs 183 expect weakness for the day.

 

AluminiumM Sep

Stiff resistance is seen at Rs 257. Inability to break it may see corrective selloffs for the day.

 

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here