Commodity Intraday Technical Outlook 21th January 2026 - Geojit Investments Ltd
Intraday Technical Outlook
Gold LBMA Spot Outlook remains on the bullish side. Immediate reversal point is placed at $3900.
Silver LBMA Spot While prices stay above $80 would extend bullish rallies.
Crude Oil NYMEX Recovery rallies expected as long as the support of $55 hold downside.
Gold KG Feb
Expect to extend the bullish rallies. Anyhow stiff support is seen at Rs 130000.
Silver KG Mar
Bullish rallies would continue initially. Major support is seen at Rs 190000.
Crude Oil Feb
Break above Rs 5550 may see fresh bullish rallies. Inability to cross the same may see choppy trades for the day.
Natural Gas Jan Choppy trades expected the day. Anyhow stiff resistance is seen at Rs 360.
Copper Jan Bullish momentum may continue while the support of Rs 1220 hold downside.
Nickel Jan Support is placed at Rs 1300, which if cleared would extend weakness.
ZincM Jan Upticks likely to continue as long as prices stay above the support of Rs 300.
LeadM Jan Expect choppy trading but major support is placed at Rs 185.
Alumini Jan Outlook remain on the bullish and expect to continue the rallies. Stiff support is seen at Rs 298.
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