Commodity Intraday Technical Outlook 13 September 2024 - Geojit Financial Services Ltd
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Gold LBMA Spot
Positive outlook likely to continue while prices stay above $2530.
Silver LBMA Spot
A direct rise above $30 would continue further rallies. Else mild correction expected the day.
Crude Oil NYMEX
Intraday outlook remains choppy as long as prices stay below $70.
Gold KG Oct
If prices stay above Rs 72000 there are chances of recovery upticks to continue the day.
Silver KG Dec
Upticks likely to extend initially. Further selloffs seen only below Rs 82000.
Crude Oil Sep
If unable to break the support of Rs 5600 would extend rallies.
Natural Gas Sep
While above Rs 192 likely to extend recovery rallies. Else, choppy trades are on the cards.
Copper Sep
Rangebound trades inside Rs 810-770 levels expected the day.
Nickel Sep
Expect choppy with thin volume trading in the near future.
ZincM Sep
If unable to break the support of Rs 250 recovery rallies are on the cards.
LeadM Sep
Immediate support of Rs 180 if hold, there are chances of mild recovery rallies for the day.
AluminiumM Sep
Inability to break the support of Rs 220 recovery upticks likely to extend the day.
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