Commodity Intraday Technical Outlook 27 December 2024 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Prices remain choppy and possibly trade below $2675 levels for the day.
Silver LBMA Spot
Expect to continue the weak momentum as long a prices stay below $30.
Crude Oil NYMEX
Prices remain rangebound inside $71.50-68 levels for the day.
Gold KG Feb
Inability to break the support of Rs 75500 there are chances of mild recovery rallies for the day.
Silver KG Mar
Inability to break the resistance of Rs 90000, intraday momentum remains on the weaker side.
Crude Oil Jan
Break above Rs 6000 likely to extend recovery rallies. Else, choppy with weak bis for the day.
Natural Gas Jan
Further rallies expected only a break above Rs 325. if not, chances of corrective selling pressure.
Copper Jan
If Rs 795 remain holds expect upticks. Else, weakness is likely.
Nickel Jan
Prices remain choppy with nil volume.
ZincM Jan
Inability to break the support of Rs 280 there are chances of recovery rallies for the day.
LeadM Jan
While prices stay below Rs 180 intraday sentient mostly downbeat.
AluminiumM Jan
If prices hold the stiff support of Rs 238 expect choppy with mild upticks for the day.
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