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30-12-2024 10:51 AM | Source: Geojit Financial Services Ltd.
Commodity Intraday Technical Outlook 30 December 2024 - Geojit Financial Services Ltd

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Intraday Technical Outlook

Gold LBMA Spot

Prices remain choppy and possibly trade below $2675 levels for the day.

Silver LBMA Spot

A direct break below $28.50 would extend selloffs. Else, recovery rallies expected

Crude Oil NYMEX

As long as $69 hold downside, expect recovery rallies 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 92000 there are chances of selling pressure to continue the day.

Crude Oil Jan

Choppy trades expected initially. Consistent trades above Rs 6000 would extend rallies.

Natural Gas Jan

While above Rs 282 recovery rallies would continue the day.

Copper Jan

If Rs 795 remain holds expect upticks. Else, weakness is likely.

Nickel Jan

Prices remain choppy with nil volume.

ZincM Jan

As long as the support of Rs 280 hold downside, there are chances of recovery rallies for the day.

LeadM Jan

While prices stay below Rs 180 intraday sentient mostly downbeat.

AluminiumM Jan

Prices remain choppy initially. A direct drop below Rs 238 would trigger selling pressure.

 

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