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2025-03-24 11:38:45 am | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 24 March 2025 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 24 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

Immediate resistance is placed at $34 which needs to be cleared for further rallies.

Crude Oil NYMEX

A direct dip below $67 likely to correct prices further. Else, recovery rallies expected.

Gold KG Apr

Outlook remain bullish as long as the support of Rs 87200 hold downside.

Silver KG Apr

A direct drop below Rs 99500 may extend liquidation pressure. Else, rallies would continue the day.

Crude Oil Apr

If unable to break the support of Rs 5700 there are chances of recovery rallies for the day.

Natural Gas Mar

Inability to cross the support of Rs 330 expect recovery rallies for the day.

Copper Mar

Further rallies are likely only a break above Rs 915. If not, corrective selloffs are on the cards.

Nickel Mar

Prices remain choppy with nil volume.

ZincM Mar

Choppy trading expected initially. Anyhow, break above Rs 275 may extend selloffs.

LeadM Mar

Break above the resistance of Rs 190 would extend rallies. Else, corrective selloffs is on cards.

AluminiumM Mar

A direct break below Rs 256 may extend corrective selloffs. Else, mild recovery rallies expected the day.

 

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