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15-03-2024 10:15 AM | Source: Geojit Financial Services
Commodity Intraday Technical Outlook 15 March 2024 -Geojit Financial Services

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Gold LBMA Spot:

While prices stays above $2150 it may continue the bullish outlook.

Silver LBMA Spot:

As long as prices stay above $24.50 it may extend bullish rallies. Else, choppy trading is on the cards.

Crude Oil NYMEX:

Consistent trades above $81 would extend rallies. Else, choppy trades expected the day.

Gold KG Apr:

Bullish outlook remains on the cards. Immediate downside reversal point is seen at Rs 64200.

Silver KG May:

Upticks likely to continue initially. Immediate downside turnaround point is seen at Rs 74000.

Crude Oil Mar:

While prices stay above Rs 6600 may extend buying pressure. Else, choppy trades are on the cards.

Natural Gas Mar:

There are chances of mild pullback as long as the support of Rs 138 remain hold downside.

Copper Mar:

Prices most likely choppy for the day. Downside reversal point is seen at Rs 730.

Nickel Mar:

Expect choppy with thin volume trading in the near future.

Zinc Mar:

Further rallies are seen only above Rs 226. If not expect a range bound trading for the day.

Lead Mar:

If prices stays above Rs 181 it may extend rallies. Else, choppy with corrective selling pressure is likely.

Aluminium Mar:

If is required to break above the stiff resistance of Rs 205 to continue rallies. Else, corrective downside expected the day.

 

 

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