Commodity Intraday Technical Outlook 11 November 2024 - Geojit Financial Services Ltd
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Gold LBMA Spot
Choppy with possibilities of extending corrective selling pressure for the day.
Silver LBMA Spot
Prices remain range bound but further major weakness is seen only below $30.
Crude Oil NYMEX
nability to move past $76 there are chances of corrective selling pressure to extend the day.
Gold KG Dec
Corrective selloffs may continue as long as prices stay below Rs 76500.
Silver KG Dec
Consistent trades below Rs 90000 would extend selling pressure. Else, recovery rally expected.
Crude Oil Nov
A direct drop below Rs 90000 would extend selling pressure. Else, upticks possible for the day.
Natural Gas Nov
Upticks expected as long as the support of Rs 222 remain hold downside.
Copper Nov
Intraday momentum mostly choppy with mild negative. Stiff support is placed at Rs 825.
Nickel Nov
Nil volume trades expected.
ZincM Nov
If the support of Rs 278 hold downside, there are chances of recovery upticks.
LeadM Nov
Intraday outlook remains choppy. Major downside reversal point is seen at Rs 180.
AluminiumM Nov
As long as Rs 238 remain undisturbed there are chances of recovery rallies.
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