Daily Commodity Reports

CRUDEOIL

Monday 9 November, 2026

Short term - Technical Outlook
Crude oil futures are trading around 8,555, witnessing a recovery after finding buying support near the 8,380–8,400 zone following earlier selling pressure. Prices have rebounded towards the immediate resistance level of 8,555, indicating improving short-term momentum. Immediate resistance is placed around 8,555, followed by 8,713. On the downside, support is positioned near 8,450, and a sustained break below this level could extend the decline towards 8,244. The broader technical outlook remains range-bound with a cautious bullish bias as long as prices sustain above the 8,450 support zone.

 

Short term Research Report Call

Buy Above: 8,600 | Targets: 8,700, 8,800 | Stop-loss: 8,500

Sell Below: 8,500 | Targets: 8,400, 8,300 | Stop-loss: 8,600


Short term Chart

 

Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.

Analyst Certification: I/We, Ajith Kamti Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-202500242249.

 

Validity

19/11/2026

Pivot

8541.67

CRUDEOIL commodity live levels. All values are in INR.
SignalTrigger levelTargetsStop loss
Target 1Target 2Target 3
Buy AboveBullish buy signal8560.71R18586.89R28614.26R38663.05Stop Loss8553.57
Pivot8541.67(All values are in INR)
Sell BelowBearish sell signal8522.63S18496.45S28469.08S38420.29Stop Loss8529.77

GOLD

Monday 9 November, 2026

Short term - Technical Outlook

Gold futures are currently trading around 142,500, witnessing a recovery after finding buying support near the 141,200 zone following earlier selling pressure. Prices have rebounded towards the immediate resistance level of 143,000, indicating improving short-term momentum. A sustained move above 143,000 could trigger further upside towards 145,000, followed by 146,000. Immediate support is placed at 142,000, followed by 140,000. The near-term outlook remains cautiously bullish as long as prices sustain above the 142,000 support zone.

 

Short term Research Report Call

Buy Above: 143,000 | Targets: 144,000, 145,000 | Stop-loss: 142,000

Sell Below: 142,000 | Targets: 141,000, 140,000 | Stop-loss: 143,000

 

Short term Chart

 

Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.

Analyst Certification: I/We, Ajith Kamti Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-202500242249.

Validity

04/12/2026

Pivot

142471.67

GOLD commodity live levels. All values are in INR.
SignalTrigger levelTargetsStop loss
Target 1Target 2Target 3
Buy AboveBullish buy signal142557.59R1142675.73R2142799.24R3143019.41Stop Loss142525.37
Pivot142471.67(All values are in INR)
Sell BelowBearish sell signal142385.75S1142267.61S2142144.10S3141923.93Stop Loss142417.97

NATURALGAS

Monday 9 November, 2026

Short term - Technical Outlook

Natural Gas futures are currently trading around 285, witnessing a strong bullish recovery after rebounding from the recent lows near 276. The price has moved above the immediate resistance zone of 284 and is now sustaining above this level, indicating fresh buying momentum. A sustained move above 285 could trigger further upside towards 290, followed by 295. Immediate support is placed at 284, followed by 280. A breakdown below 280 may renew selling pressure towards 275. The near-term outlook remains bullish as long as prices sustain above the 284 support zone.

 

Short term Research Report Call

Buy Above: 285 | Targets: 290, 295 | Stop-loss: 280

Sell Below: 280 | Targets: 275, 270 | Stop-loss: 275

Short term Chart

Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.

Analyst Certification: I/We, Ajith Kamti Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-202500242249.

 

Validity

24/11/2026

Pivot

283.63

NATURALGAS commodity live levels. All values are in INR.
SignalTrigger levelTargetsStop loss
Target 1Target 2Target 3
Buy AboveBullish buy signal284.48R1285.65R2286.87R3289.04Stop Loss284.16
Pivot283.63(All values are in INR)
Sell BelowBearish sell signal282.79S1281.62S2280.40S3278.23Stop Loss283.10

SILVER

Monday 9 November, 2026

Short term - Technical Outlook

Silver futures are currently trading around 185,000, witnessing sideways consolidation after a sharp decline from higher levels. The price is struggling to sustain above the immediate resistance zone around 186,000. A sustained move above 186,000 could trigger further upside towards 189,000, followed by 194,000. Immediate support is placed at 182,000, while a breakdown below this level could lead to a further correction towards 178,000. The overall outlook remains cautious to bearish as long as the price sustains below the immediate resistance zone.

 

Short term Research Report Call

Buy Above: 186,000 | Targets: 188,000, 190,000 | Stop-loss: 184,000

Sell Below: 184,000 | Targets: 182,000, 180,000 | Stop-loss: 186,000

 

Short term Chart

 

Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.

Analyst Certification: I/We, Ajith Kamti Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-202500242249.

Validity

04/12/2026

Pivot

185079.67

SILVER commodity live levels. All values are in INR.
SignalTrigger levelTargetsStop loss
Target 1Target 2Target 3
Buy AboveBullish buy signal185165.91R1185284.49R2185408.46R3185629.45Stop Loss185133.57
Pivot185079.67(All values are in INR)
Sell BelowBearish sell signal184993.43S1184874.85S2184750.88S3184529.89Stop Loss185025.77

Market Commentary

    Note: Above information is not recommending any buy or sell position, this is for your reference only and trading or investment in commodities & derivatives is subject to market risk.

    Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.

    Analyst Certification: I/We, Ayushi Jain Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-201900015194.