Daily Commodity Reports

Crude Oil

Friday 25 April, 2025

Short term - Technical Outlook
Crude Oil is currently trading within an ascending channel. In the last session, it closed at 5,384, indicating renewed buying interest at lower levels. As long as it stays within this pattern, a move toward the upside is expected in the coming days. Further momentum is likely above 5,420. However, a breakdown below 5,275 could trigger downside pressure. A confirmed breakdown below 5,270 would invalidate the bullish structure and suggest further weakness.
Short term Research Report Call
Buy Above: 5,370 | Targets: 5,430, 5,500, 5,551 | Stop-loss: 5,330
Sell Below: 5,275 | Targets: 5,230, 5,190, 5,120 | Stop-loss: 5,310
Short term Chart

Validity

19/05/2025

Pivot

5370.33

Buy Above

5388.09

R1

5412.51

R2

5438.04

R3

5483.55

Stop Loss

5381.43

Pivot

5370.33

(All values are in INR)

Sell Below

5352.57

S1

5328.15

S2

5302.62

S3

5257.11

Stop Loss

5381.43

Gold

Friday 25 April, 2025

Short term - Technical Outlook
Gold is currently consolidating between 96,150 (resistance) and 95,500 (support) on the 15-minute chart. In the last session, it closed at 95,757. A breakout on either side is needed to confirm momentum. However, holding above the 94,000 mark could be supportive for Gold in the short term. For intraday traders, a move above 96,200 may indicate upside potential, while a dip below 95,000 could trigger further downside.
Short term Research Report Call
Buy Above: 96,200 | Targets: 96,750, 97,360, 98,300 | Stop-loss: 95,700
Sell Below: 95,000 | Targets: 94,700, 94,300, 93,350 | Stop-loss: 95,500
Short term Chart

Validity

05/06/2025

Pivot

95757.67

Buy Above

95920.07

R1

96143.37

R2

96376.82

R3

96792.97

Stop Loss

95859.17

Pivot

95757.67

(All values are in INR)

Sell Below

95595.27

S1

95371.97

S2

95138.52

S3

94722.37

Stop Loss

95859.17

Natural Gas

Friday 25 April, 2025

Short term - Technical Outlook
Natural Gas is trading in a broken descending channel on the 15-minute chart and is currently at 259.5. In the last session, it closed at 259.5, up by 4.4 points, reflecting slight weakness despite the price rise. However, if it sustains above 262, further positive momentum could unfold in the short term. An intraday move is likely above 262, which may open the way for targets of 264, 267, and 275. On the downside, a break below 254 could trigger selling pressure and lead prices toward 251, 247, and 243.
Short term Research Report Call
Buy Above: 262 | Targets: 264, 267, 275 | Stop-loss: 258
Sell Below: 254 | Targets: 251, 247, 243 | Stop-loss: 258
Short term Chart

Validity

25/04/2025

Pivot

249.93

Buy Above

251.98

R1

254.80

R2

257.74

R3

262.99

Stop Loss

251.21

Pivot

249.93

(All values are in INR)

Sell Below

247.89

S1

245.07

S2

242.13

S3

236.88

Stop Loss

251.21

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.

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