Short Term – Technical Outlook

Crude Oil futures are currently trading near 9,118, showing a constructive green candle building on yesterday's recovery from the sharp corrective lows near 8,676. The price has bounced meaningfully from the lower demand zone and is now approaching the immediate overhead resistance band near 9,210, with early buyer participation re-emerging and the broader corrective phase showing initial signs of exhaustion following the aggressive multi-session decline from the highs above 10,400.

The broader structure shows signs of stabilisation near the current demand zone, with the price finding meaningful support following the sharp markdown and dip buyers beginning to reassert presence near key structural levels. The current zone near 9,050–9,150 reflects early recovery momentum and improving buyer conviction. A sustained trade above 9,210 would confirm the recovery and invite upside momentum toward 9,260 and 9,310, extending the bounce from the corrective low.

On the downside, immediate support lies near 8,850, followed by stronger structural demand near 8,675. A breakdown below 8,850 would delay the recovery and re-expose lower support levels, though the near-term bias favours buyers on dips as long as price holds above the key demand zone.

Short Term Research Report Call

Buy Above: 9,210 | Targets: 9,260, 9,310 | Stop-loss: 9,160

Sell Below: 8,850 | Targets: 8,800, 8,750 | Stop-loss: 8,900

Short Term – Technical Outlook

Gold futures are currently trading near 152,729, showing a steady green candle building on the prior session's recovery as the price continues to hold above the ascending trendline support. The broader recovery structure from the corrective lows near 148,500 remains intact, with buyer participation strengthening across sessions and the price gradually working its way toward the key overhead resistance band near 153,500–155,000.

The broader structure remains constructively bullish, with the price sustaining above the key 152,000 support zone and the ascending trendline continuing to provide dynamic demand support on dips. The current zone near 152,500–153,000 reflects healthy buyer control and improving momentum ahead of a potential breakout above the immediate resistance band. A decisive breakout and sustained close above 153,500 would confirm the continuation of the bullish recovery and invite upside momentum toward 155,000 and 156,500, validating the recovery from the corrective lows.

On the downside, immediate support lies near 152,000, followed by stronger structural demand near 150,500. A breakdown below 152,000 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 support zone.

Short Term Research Report Call

Buy Above: 153,500 | Targets: 155,000, 156,500 | Stop-loss: 152,000

Sell Below: 152,000 | Targets: 150,500, 149,000 | Stop-loss: 153,500

Short Term – Technical Outlook

Natural Gas futures are currently trading near 263.8, showing mild positive momentum with a small green candle holding above the key structural support zone near 260 following the multi-session pullback from the recent highs near 275. The price has been gradually building a base above the 260 demand level and continues to attract buyer interest at lower levels, with the broader recovery structure from the multi-week lows near 237 remaining intact and the near-term bias favouring the upside on dips.

The broader structure continues to favour buyers, with the price sustaining above the key 260 structural support and the recovery from lower levels remaining the dominant trend. The current consolidation near 263–265 reflects orderly digestion within the broader recovery trend, with buyers defending pullbacks and momentum continuing to favour the upside. A sustained trade above 265.5 would confirm renewed bullish momentum and invite upside toward 267.5 and 269.5.

On the downside, immediate support lies near 260, followed by stronger demand near 258.5. A breakdown below 260 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 260 demand zone.

Short Term Research Report Call

Buy Above: 260 | Targets: 262, 264 | Stop-loss: 258

Sell Below: 265.5 | Targets: 263.5, 261.5 | Stop-loss: 267.5

Short Term – Technical Outlook

Silver Futures are currently trading near 260,150, showing strong bullish momentum with a prominent green candle breaking above the 260,000 level and approaching the immediate overhead resistance band near 263,000. The price has staged a decisive and broad-based advance from the recent corrective lows near 235,000, with the ascending trendline providing strong dynamic support and buyer conviction firmly established across recent sessions.

The broader structure remains firmly bullish, with the price printing consistent higher highs and higher lows from the corrective base and the ascending trendline continuing to underpin the dominant recovery trend. The current zone near 259,000–261,000 reflects strong buyer control and accelerating upside momentum as price approaches key overhead resistance. A decisive breakout and sustained close above 263,000 would confirm the continuation of the bullish advance and invite upside momentum toward 265,000 and 267,000, extending the rally toward the prior highs.

On the downside, immediate support lies near 257,000, followed by stronger structural demand near 254,500. A breakdown below 257,000 would invite short-term corrective pressure, though the prevailing bullish structure firmly favours buyers on dips as long as price holds above key structural demand.

Short Term Research Report Call

Buy Above: 263,000 | Targets: 265,000, 267,000 | Stop-loss: 261,000

Sell Below: 257,000 | Targets: 255,000, 253,000 | Stop-loss: 259,000