Commodity Intraday Technical Outlook 17 March 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Bullish outlook likely to continue while prices stay above $2840.
Silver LBMA Spot
While above $33.20 would extend rallies. Else, choppy trades expected the day.
Crude Oil NYMEX
Inability to move past $67 there are chances of recovery rallies for the day.
Gold KG Apr
Outlook remain bullish as long as the support of Rs 86800 hold downside.
Silver KG Apr
As long as prices above Rs 98500 it may continue the bullish outlook.
Crude Oil Mar
A direct break below Rs 5750 is a sign of further selloffs. Else, recovery rallies are on the cards.
Natural Gas Mar
Recovery rallies is likely as long as Rs 345 remain hold downside.
Copper Mar
Further rallies expected only above Rs 905. If not, corrective selloffs are likely.
Nickel Mar
Prices remain choppy with nil volume.
ZincM Mar
While prices stay above Rs 280 it may extend rallies.
LeadM Mar
Break above the resistance of Rs 190 would extend rallies. Else, corrective selloffs is on cards.
AluminiumM Mar
Choppy trading expected initially. Stiff resistance is placed at Rs 268.
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