Commodity Intraday Technical Outlook 11 April 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Bullish outlook continue to persist in the counter. Corrective selloffs seen only below $2750.
Silver LBMA Spot
Choppy trades is on the cards initially. A direct fall below $28 is a sign of liquidation.
Crude Oil NYMEX
If the support of $58 remain hold downside, there are chances of recovery upticks.
Gold KG Jun
While prices stay above Rs 91000 it may extend the bullish waves today.
Silver KG May
Prices likely to be choppy with mild positive bias initially. A direct drop below Rs 86400 is a sign of liquidation.
Crude Oil Apr
Recovery rallies expected the day. Support is at Rs 4750.
Natural Gas Apr
While below Rs 300 weakness would continue the day.
Copper Apr
Choppy trades expected initially. Stiff support is placed at Rs 800.
Nickel Apr
Prices remain choppy with nil volume.
ZincM Apr
As long as prices stay below Rs 254 momentum mostly on the weaker side.
LeadM Apr
If prices stay above Rs 178 there are potential upside.
AluminiumM Apr
Further selloffs expected only below Rs 230. Inability to break it would see recovery rallies.
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