Commodity Intraday Technical Outlook 28 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
Choppy trading expected the day. Anyway stiff support is placed at $67.
Gold KG Apr
Outlook remain bullish as long as the support of Rs 88000 hold downside.
Silver KG Apr
Prices likely to be choppy initially. Anyhow a direct drop below Rs 99700 would trigger liquidation.
Crude Oil Apr
Consistent trades above Rs 6000 would lift prices higher. Else, choppy trading expected the day.
Natural Gas Apr
Pullback rallies expected as long as Rs 330 hold downside.
Copper Apr
As long a Rs 900 hold downside, recovery rallies expected the day
Nickel Apr
Prices remain choppy with nil volume.
ZincM Apr
While below Rs 272 it may extend weakness. Else, pullback rallies expected.
LeadM Apr
While prices stay above Rs 178 there are potential upside.
AluminiumM Apr
Further selloffs expected only below Rs 250. Inability to do so may see recovery upticks.
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