25-09-2024 09:51 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 25 September 2024 - Geojit Financial Services Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Gold LBMA Spot

Bullish outlook remain intact as long as prices stay above $2600. A direct drop below $2540 may see downside correction.

Silver LBMA Spot

While above $31.50 it may extend the positive outlook. Fall below $29.50 likely to dip further.

Crude Oil NYMEX

Choppy trades remains on the card initially. However, consistent trades above $72 may extend buying pressure.

Gold KG Oct

While above Rs 74500 would extend bullish rallies. Else, choppy trading expected the day.

Silver KG Dec

Expect the positive outlook would continue while prices places above Rs 90000.

Crude Oil Oct

Sustained trades above Rs 6000 is needed to strengthen the positive outlook. Else, corrective selling is likely.

Natural Gas Oct

If unable to move past Rs 240 there are chances of corrective selling pressure for the day.

Copper Oct

Positive outlook may continue as long as Rs 826 remain undisturbed.

Nickel Oct

Expect choppy with thin volume trading in the near future.

ZincM Oct

While above Rs 272 there are chances of recovery upticks to continue the day.

LeadM Oct

Direct drop below Rs 180 would trigger further liquidation pressure. AluminiumM Oct A direct rise above Rs 236 likely to extend positive outlook. If not may see corrective selling.

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 

SEBI Registration Number: INH200000345

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer