19-09-2024 11:13 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 19 September 2024 - Geojit Financial Services Ltd

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Gold LBMA Spot

Break above the resistance of $2600 would extend rallies. Else, corrective selloffs expected the day.

Silver LBMA Spot

It is required to break above $31 for further rallies. Otherwise, choppy trading expected the day.

Crude Oil NYMEX

Consistent trades above $71 may extend buying pressure. Else, weakness expected the day.

Gold KG Oct

Outlook remains bullish but it required to break Rs 73700 for major rallies.

Silver KG Dec

Expect a choppy trading initially. Anyhow, a direct rise above Rs 90000 would trigger fresh rallies.

Crude Oil Sep

Sustained trades above Rs 6000 likely to extend recovery upticks.

Natural Gas Sep

A direct dip below Rs 190 would extend selling pressure. Else, recovery upticks are on the cards.

Copper Sep

Rangebound trades inside Rs 818-792 levels expected the day.

Nickel Sep

Expect choppy with thin volume trading in the near future.

ZincM Sep

A direct rise above Rs 272 would extend rallies. Else, corrective selling is expected.

LeadM Sep

Expect a choppy trade inside Rs 186-182 levels and either side breakout would suggest fresh directions.

AluminiumM Sep

Break above Rs 233 expect fresh upside momentum. Else, weak bias is expected.

 

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