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18-11-2024 09:22 AM | Source: Geojit Financial Services Ltd.
Commodity Intraday Technical Outlook 18 November 2024 - Geojit Financial Services Ltd

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Gold LBMA Spot

A mild turnaround is expected as long as $2500 hold downside.

Silver LBMA Spot

Initial bias mostly on the weaker side but it needs to clear $30 to extend the momentum.

Crude Oil NYMEX

A direct drop below $65 would extend selling pressure. Else, mild recovery is on the cards.

Gold KG Dec

Selloffs likely to extend as prices cleared the stiff support of Rs 74600.

Silver KG Dec

A direct drop below Rs 88000 would extend weakness. Else, mild recovery can be seen today.

Crude Oil Nov

Break below Rs 5650 would extend liquidation pressure. If not, may see mild recovery upticks.

Natural Gas Nov

As long as Rs 255 remain undisturbed, expect recovery rallies for the day.

Copper Nov

While below Rs 800 intraday momentum mostly on the weaker side.

Nickel Nov

Nil volume trades expected.

ZincM Nov

Mild recovery upticks expected as long as Rs 272 hold downside.

LeadM Nov

Break below Rs 178 would extend weakness. Else, mild recovery is expected the day.

AluminiumM Nov

Recovery rallies likely to extend while the support of Rs 240 hold downside.

 

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