25-09-2023 10:02 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 25 September 2023 - Geojit Financial Services Ltd

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Gold LBMA Spot

Prices remain under pressure. It needs to close above $1950 to strengthen the view.

Silver LBMA Spot

Consistent trades above $23.50 would extend rallies. Else, a choppy trading expected the day.

Crude Oil NYMEX

Choppy trades expected initially. It is required to break and sustain above $92 to extend rallies.

Gold KG Oct

Further weakness is seen only below Rs 58200. If the level remains hold expect recovery rallies.

Silver KG Sep

Stiff support is placed at Rs 71000 if it remains holds there are chances of recovery upticks. Unexpected drop below would trigger selling pressure.

Crude Oil Sep

Break above Rs 7600 would extend rallies. If not expect corrective selling pressure.

Natural Gas Sep

If the support of Rs 218 remains holds, expect recovery upticks. Unexpected drop of which would trigger weakness.

Copper Sep

Consistent trades below Rs 720 would extend weakness. Else, a mild recovery bias can be seen today.

Nickel Sep

Expect choppy with thin volume trading in the near future.

Zinc Sep

A mild recovery expected initially. Unexpected drop below Rs 222 would trigger weakness.

Lead Sep

Break above Rs 189 would see further rallies. Else, choppy with corrective selloffs are expected.

Aluminium Sep

Stiff resistance above Rs 206 would extend rallies. Else, choppy with corrective selloffs are on the cards.


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