Commodity Intraday Technical Outlook 15 January 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Choppy trades expected initially. Stiff resistance is placed at $2700.
Silver LBMA Spot
Prices remain choppy with mild negative bias as long as it stays below $31.50.
Crude Oil NYMEX
Outlook remain firm but to extend further rallies there is a stiff resistance is placed at $80.
Gold KG Feb
If Rs 78000 remain hold, there are chances of recovery rallies.
Silver KG Mar
Break above Rs 92500 may extend recovery upticks. Else, choppy trades expected the day.
Crude Oil Jan
Positive outlook mostly continue while prices stay above Rs 6450.
Natural Gas Jan
If Rs 330 remain undisturbed expect rallies to continue the day.
Copper Jan
Break above Rs 830 would extend rallies. Else, choppy trades expected the day.
Nickel Jan
Prices remain choppy with nil volume.
ZincM Jan
Further rallies seen only above Rs 278. It not, may see choppy trading for the day.
LeadM Jan
While prices stay below Rs 180 intraday sentient mostly downbeat.
AluminiumM Jan
It needs to break Rs 248 to extend rallies. Else, choppy trades are on the cards.
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