Commodity Intraday Technical Outlook 17 February 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Broad sentiments remain bullish but immediately there are chances of choppy trading.
Silver LBMA Spot
Consistent trades above $32.50 may extend rallies. Else, corrective selloffs expected.
Crude Oil NYMEX
Break below $70 would trigger weakness. Else, recovery rallies expected.
Gold KG Apr
A direct break below Rs 84000 may extend mild weakness. Else, recovery rallies are on the cards.
Silver KG Mar
While above Rs 94500 would extend rallies. Else, choppy trading expected.
Crude Oil Feb
As long as Rs 6100 hold downside, there are chances of recovery rallies.
Natural Gas Feb
A direct break above Rs 330 would extend rallies. Else, corrective selloffs expected.
Copper Feb
Range bound trading inside Rs 850-870 is expected the day.
Nickel Feb
Prices remain choppy with nil volume.
ZincM Feb
A direct drop below Rs 262 may weaken the sentiment further.
LeadM Feb
While prices stay below Rs 190 sentient mostly downbeat
AluminiumM Feb
As long as Rs 254 remain hold, there are potential upticks for the day.
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