Commodity Intraday Technical Outlook 13 November 2024 - Geojit Financial Services Ltd
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Gold LBMA Spot
Expect a mild recovery upticks initially. Further selloffs expected only below $2600.
Silver LBMA Spot
As long as $30 hold downside, there are chances of recovery upticks.
Crude Oil NYMEX
Intraday sentiments remain choppy with mild negative bias.
Gold KG Dec
If Rs 74600 hold downside, there are chances of recovery upticks for the day.
Silver KG Dec
Further selling pressure is seen only below Rs 88000. Inability to break it may see recovery upticks.
Crude Oil Nov
Expect to extend weak bias while prices stay below Rs 5800. Stiff resistance is placed at Rs 5980.
Natural Gas Nov
Prices continue to stay firm as long as the support of Rs 238 remain undisturbed.
Copper Nov
If unable to break the support of Rs 800 it is likely to turn prices higher. Else, selling pressure might continue the day.
Nickel Nov
Nil volume trades expected.
ZincM Nov
While below Rs 278 there are chances of extending liquidation pressure to continue the day.
LeadM Nov
Expect mild recovery upticks while prices hold the support of Rs 180.
AluminiumM Nov
Choppy with weak momentum is likely while prices stay below Rs 242.
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