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2025-04-29 11:50:02 am | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 29 April 2025 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 29 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

Inability to move past $61.50 there are chances of recovery rallies.

Gold KG Jun

Recovery rallies may continue with choppy trading. 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 May

If Rs 245 remain holds expect recovery rallies for the day.

Copper May

Break below Rs 850 would trigger another round of selling pressure. Else, recovery rallies expected.

Nickel May

Prices remain choppy with nil volume.

ZincM May

If Rs 249 remain hold, there are chances of mild recovery rallies for the day.

LeadM May

If prices stay above Rs 176 there are potential upside.

AluminiumM May

Consistent trades above Rs 235 likely to extend rallies. If not may see corrective selloffs.

 

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