Crude Oil (MCX)

Short Term – Technical Outlook

Crude Oil futures are currently trading near 9,380, showing a steady green candle continuing the gradual recovery from the corrective lows near 8,077. The price has been building a series of higher lows following the sharp multi-session decline and is now approaching the key overhead resistance zone near 9,500, with buyer participation strengthening and the ascending trendline continuing to provide dynamic support on dips.

The broader structure shows a constructive recovery bias, with the price sustaining above the key structural support band and buyers defending dips with increasing conviction following the base-building phase. The current zone near 9,300–9,400 reflects healthy buyer control and building upside momentum. A sustained trade above 9,500 would confirm the continuation of the bullish advance and invite upside momentum toward 9,550 and 9,600, extending the recovery toward the prior highs near 10,240.

On the downside, immediate support lies near 9,000, followed by stronger structural demand near 8,750. A breakdown below 9,000 would delay the recovery and re-expose lower support levels, though the dominant near-term bias favours buyers on dips as long as price holds above key structural demand.

Short Term Research Report Call

Buy Above: 9,500 | Targets: 9,550, 9,600 | Stop-loss: 9,450

Sell Below: 9,000 | Targets: 8,950, 8,900 | Stop-loss: 9,050

Short Term – Technical Outlook

Gold futures are currently trading near 153,750, showing a constructive green candle approaching the key overhead resistance zone near 154,000–154,100 following a strong multi-session recovery from the corrective lows near 148,500. The price has built a clear base at lower levels and is now posting consistent higher lows, with the ascending trendline providing strong dynamic support and buyer participation strengthening decisively as the recovery trend continues to mature.

The broader structure has turned constructively bullish, with the price recovering strongly from the corrective phase and sustaining above the 152,500 structural support band across recent sessions. The current zone near 153,500–154,000 represents a critical breakout juncture, with buyer momentum building ahead of a potential move above the immediate resistance band. A decisive breakout and sustained close above 154,000 would confirm the continuation of the bullish recovery and invite upside momentum toward 155,500 and 157,000, validating the full recovery structure from the corrective lows.

On the downside, immediate support lies near 152,500, followed by stronger structural demand near 151,000. A breakdown below 152,500 would delay the recovery and invite a corrective retracement, though the prevailing bullish bias strongly favours buyers on dips as long as price holds above the key structural demand zone.

Short Term Research Report Call

Buy Above: 154,000 | Targets: 155,500, 157,000 | Stop-loss: 152,500

Sell Below: 152,500 | Targets: 151,000, 149,500 | Stop-loss: 154,000

Short Term – Technical Outlook

Natural Gas futures are currently trading near 278, showing strong bullish momentum with a prominent green candle extending the sharp recovery from the multi-week lows near 237. The price has broken decisively above the key 273 structural level and is now approaching the significant overhead resistance zone near 280, with buyer conviction firmly established and momentum strongly favouring continuation of the bullish advance across sessions.

The broader structure has turned firmly bullish, with the price staging a strong and sustained recovery from the corrective base and building a clear series of higher lows from lower levels. The current zone near 276–279 reflects powerful buyer momentum and accelerating upside drive as price tests the overhead resistance band. A sustained trade above 280 would confirm the next leg of the bullish advance and invite upside momentum toward 282 and 284, extending the recovery well above prior resistance zones.

On the downside, immediate support lies near 273, followed by stronger structural demand near 268. A breakdown below 273 would delay the recovery and signal a deeper corrective phase, though the prevailing bullish structure strongly favours buyers on dips as long as price holds above the key 273 support zone.

Short Term Research Report Call

Buy Above: 280 | Targets: 282, 284 | Stop-loss: 278

Sell Below: 273 | Targets: 271, 269 | Stop-loss: 275

Short Term – Technical Outlook

Silver Futures are currently trading near 278,274, showing an exceptionally strong bullish advance with a prominent large green candle breaking decisively above the prior consolidation zone near 263,500. The price has surged from the multi-week accumulation base and is now approaching the significant overhead zone near 280,000, with accelerating buyer momentum, strong volume-driven conviction, and the ascending trendline continuing to provide powerful dynamic support on the higher timeframe.

The broader structure has turned decisively bullish, with the price breaking above a prolonged consolidation band and the sharp green candle confirming strong underlying demand and buyer dominance across the near-term structure. The current zone near 277,000–279,000 reflects powerful upside momentum and sustained buyer aggression. A decisive breakout and sustained close above 280,000 would confirm the continuation of the bullish advance and invite upside momentum toward 282,000 and 284,000, extending the rally toward fresh structural highs.

On the downside, immediate support lies near 263,500, followed by stronger structural demand near 260,000. A breakdown below 263,500 would signal a deeper corrective phase, though the prevailing bullish momentum firmly favours buyers on dips as long as price holds above key structural support.

Short Term Research Report Call

Buy Above: 280,000 | Targets: 282,000, 284,000 | Stop-loss: 278,000

Sell Below: 263,500 | Targets: 261,500, 259,500 | Stop-loss: 265,500