CrudeOil
Thursday 21 August, 2025
Short term - Technical Outlook
MCX Crude Oil remains firmly bearish, driven by both global supply dynamics and technically confirmed downward momentum. Selling on weakness continues to offer the most compelling risk-reward pathway today. A bounce attempt above 5,480 may provide a brief relief rally but should be treated with caution until structural bias shifts.MCX Crude Oil is trading around 5,426 per barrel, marking a sharp drop of approximately 118 (–2.13%) from the previous close of 5,544.This confirms persistent bearish momentum in the commodity.
Short term Research Report Call
Buy Above: 5480 | Targets: 5520 , 5560 , 5600 | Stop-loss: 5420
Sell Below: 5420 | Targets: 5360 , 5320 , 5250 | Stop-loss: 5480.
Short term Chart
Validity
19/09/2025
Pivot
5865.33
Buy Above
5900.37
R1
5948.55
R2
5998.92
R3
6088.71
Stop Loss
5887.23
Pivot
5865.33
(All values are in INR)
Sell Below
5830.29
S1
5782.11
S2
5731.74
S3
5641.95
Stop Loss
5843.43
Gold
Thursday 21 August, 2025
Short term - Technical Outlook
Gold remains under short-term bearish pressure despite temporary gains, as momentum fails to breach key resistance. Intraday traders should watch for a break below 99,200—this setup supports a sell-on-weakness strategy with tight risk control. Alternatively, a confirmed breakout above 99,500—with volume—could initiate a cautious long play toward 1,00,200.Ultimately, while geopolitical optimism is providing occasional support, the technical setup favors further downside unless convincingly reversed above the upper resistance boundary.
Short term Research Report Call
Buy Above: 99500 | Targets: 99800 , 100200 | Stop-loss: 99200
Sell Below: 99200 | Targets: 98900 , 98500 | Stop-loss: 99500.
Short term Chart
Validity
03/10/2025
Pivot
98947.67
Buy Above
99083.03
R1
99269.15
R2
99463.73
R3
99810.59
Stop Loss
99032.27
Pivot
98947.67
(All values are in INR)
Sell Below
98812.31
S1
98626.19
S2
98431.61
S3
98084.75
Stop Loss
98863.07
NaturalGas
Thursday 21 August, 2025
Short term - Technical Outlook
MCX Natural Gas is entrenched in a strongly bearish trend, and the preferred tactical move is to sell on weakness, particularly below 247.61. A disciplined entry with strict stop-loss placement near 255.79 offers attractive risk-reward dynamics. While a push above 253.74 may open short-term buying opportunities, it should be approached with caution due to the dominant bearish narrative.CommodityQuant highlights 247.61 as a crucial level—falling below this marks a compelling shorting opportunity, while upside attempts above 253.74 require strong volume to sustain.
Short term Research Report Call
Buy Above: 253.74 | Targets: 255.75 , 264.90 | Stop-loss: 249.70
Sell Below: 247.65 | Targets: 243.55 , 237.15 | Stop-loss: 255.70
Short term Chart
Validity
26/08/2025
Pivot
273.77
Buy Above
275.05
R1
276.81
R2
278.65
R3
281.93
Stop Loss
274.57
Pivot
273.77
(All values are in INR)
Sell Below
272.49
S1
270.73
S2
268.89
S3
265.61
Stop Loss
272.97
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.
