Powered by: Motilal Oswal
2026-09-29 09:01:21 am | Source: Geojit Investments Limited
Commodity Intraday Technical Outlook 29th September 2026 - Geojit Investments Ltd
Commodity Intraday Technical Outlook 29th September 2026 - Geojit Investments Ltd

Gold LBMA Spot

Choppy with mild corrective selloffs expected. Anyhow, stiff support is placed at $4100.

Silver LBMA Spot

A direct break below $60 likely to extend weak bias. If not, likely for mild recovery upticks.

Crude Oil NYMEX

Intraday outlook remain positive. However, a direct drop below $90 may trigger weakness.

Gold KG Oct

As long as prices stay below $150000 there are chances of extension of corrective selloffs.

Silver KG Dec

Break below the support of Rs 230000 would extend selling pressure. Else, recovery rallies expected.

Crude Oil Sep

Upticks likely to continue the day. Downside reversal point is seen at Rs 8850.

Natural Gas Sep

There are chances for mild weakness expected. Stiff support is placed at Rs 285.

Copper Sep

As long as prices stay above Rs 1300 positive bias are intact. Downside turnaround point is seen at Rs 1180.

Nickel Sep

Support is placed at Rs 1550, which if cleared would extend weakness.

ZincM Sep

Intraday volatility expected. Anyhow, broad outlook remains positive.

LeadM Sep

A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day.

Alumini Sep

Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 324.

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH20000034

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here