Commodity Intraday Technical Outlook 12 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
A direct rise above $33.20 would extend rallies. Else, choppy trades expected the day
Gold KG Apr
While prices stay below $70 weak outlook likely to continue the day.
Silver KG Apr
Immediate resistance is placed at Rs 98500 which needs to be cleared for further rallies.
Crude Oil Mar
Weak bias may continue as long as prices stay below the stiff support of Rs 5800.
Natural Gas Mar
As long as Rs380 hold downside, there are chances of recovery rallies.
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
While prices stay above Rs 272 it may extend rallies. Else, corrective selloffs expected the day.
LeadM Mar
While prices stay below Rs 190 sentient mostly downbeat.
AluminiumM Mar
A direct rise above Rs 266 would extend bullish rallies. Else, choppy trades expected the day.
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