Commodity Intraday Technical Outlook 28 April 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Bullish rallies would continue. Immediate downside reversal point is placed at $3150.
Silver LBMA Spot
It is required to break above $33 to trigger fresh rallies. Else, choppy trading expected the day.
Crude Oil NYMEX
Choppy trades expected initially. A direct rise above $65 would trigger fresh rallies. Else, corrective selloffs expected.
Gold KG Jun
Choppy with mild recovery rallies might seen in the counter. Immediate and stiff support is placed at Rs 92000.
Silver KG May
A direct break of Rs 97000 would extend rallies. Else, corrective selloffs is on the cards.
Crude Oil May
Choppy with mild recovery rallies expected the day.
Natural Gas Apr
If Rs 245 remain holds expect recovery rallies for the day.
Copper Apr
If the support of Rs 845 hold downside, there are chances of recovery rallies for the day.
Nickel Apr
Prices remain choppy with nil volume.
ZincM Apr
Inability to move past Rs 255 expect choppy with mild negative outlook for the day.
LeadM Apr
If prices stay above Rs 178 there are potential upside.
AluminiumM Apr
A direct drop below Rs 235 likely to see choppy with negative bias trading for the day
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