Short term - Technical Outlook

MCX Crude Oil futures are trading in a short-term rising channel on the 4-hour chart, with price hovering around 5,350 after a steady climb from the recent swing low near 5,050. The broader bias for today’s session is mildly bullish within this channel, but with a heavier resistance cap closer to 5,400–5,420 and a major overhead barrier at 5,510–5,520.Price is respecting higher highs and higher lows between the two purple trendlines, indicating a constructive short-term structure.

Short term Research Report Call

Buy Above: 5300 | Targets: 5380, 5430 | Stop-Loss: 5240
Sell Below: 5220 | Targets: 5100, 5050 | Stop-Loss: 5290.

Short term Chart

Short term - Technical Outlook

MCX Gold opened the session on a firm note but is now trading near the upper boundary of its rising 4-hour channel, signaling a zone of potential exhaustion. While the broader trend remains decisively upward, the price action near ?131,200–?131,500 has begun to show signs of supply pressure, with rejection wicks indicating that buyers may be losing momentum at higher levels. Unless gold delivers a clean breakout above this resistance band, the probability of a short-term pullback remains elevated.

Short term Research Report Call

Buy Above: 131200 | Targets: 131900, 132600 | Stop-Loss: 130700
Sell Below: 130150 | Targets: 129500, 128700 | Stop-Loss: 130750

Short term Chart

Short term - Technical Outlook

MCX Natural Gas continues its strong upward trajectory, trading firmly within a rising parallel channel on the 4H chart. Price action remains bullish, with higher highs and higher lows confirming sustained momentum. In today’s session, Natural Gas tested the upper channel resistance near 454–456, where minor profit-booking emerged, signaling short-term exhaustion but not a trend reversal.The overall structure remains constructive as long as price stays above the channel midpoint and the immediate support zone at 440–436. A breakout above 456 could trigger fresh upside momentum, opening the pathway toward the next resistance cluster at 462–468, and eventually the psychological level near 475.

Short term Research Report Call

Buy Above: 440 | Targets: 454 , 462 | Stop-Loss: 429
Sell Below: 425 | Targets: 410 , 395 | Stop-Loss: 435

Short term Chart