Short term - Technical Outlook

Crude Oil futures are trading near 7,600 zone, after a strong recovery from the recent lows. The sharp bullish candle has pushed the price above the 7,490 resistance, indicating renewed buying momentum. However, the market is now approaching the key resistance zone of 7,640–7,750, where profit booking or fresh selling may emerge.

The broader trend has improved following the breakout above 7,492, and a sustained move above 7,646 could extend the rally toward 7,738 and higher. On the downside, 7,490 now acts as immediate support, and holding above this level will be crucial to maintain the positive bias.

Short-Term Research Report Call

Buy Above: 7,650 | Targets: 7,738, 7,800 | Stop-loss: 7,590

Sell Below: 7,490 | Targets: 7,428, 7,360 | Stop-loss: 7,550

Short term chart

Short term - Technical Outlook

Gold futures are trading near 141,650, recovering steadily after finding support around 140,500. The recent sequence of higher highs and higher lows indicates improving short-term momentum, with buyers pushing the price closer to the immediate resistance at 142,090. The recovery remains intact as long as the price holds above 141,005.

A sustained move above 142,090 could extend the rally toward 142,669, while failure to hold above 141,005 may invite fresh selling pressure toward 140,506. Overall, the near-term bias has turned cautiously positive, though confirmation is required above resistance.

 

Short term Research Report Call

Buy Above: 142,100 | Targets: 142,670, 143,250 | Stop-loss: 141,600

Sell Below: 141,000 | Targets: 140,500, 140,000 | Stop-loss: 141,500

 

Short term chart

Short term - Technical Outlook

Natural Gas futures are currently trading near 277.5, continuing to consolidate after the sharp sell-off witnessed over the past few sessions. Price is holding just above the 276.5–277.0 support zone, indicating that selling pressure has eased, but the recovery remains weak as buyers are struggling to reclaim higher resistance levels. The recent candles reflect a range-bound movement, suggesting the market is awaiting a fresh directional trigger.

The broader short-term trend remains bearish, with prices trading below the key resistance band of 281.5–285.0. A sustained move above 281.5 could trigger short covering and extend the recovery towards 284–286, while a break below 276.5 would confirm renewed selling momentum and expose the contract to 273 and 271.

Short term Research Report Call

Buy Above: 281.5 | Targets: 284, 286 | Stop-loss: 279

Sell Below: 276.5 | Targets: 273, 271 | Stop-loss: 278

 

Short term chart

Short term - Technical Outlook

Silver Futures are trading near 221,000, witnessing a sharp recovery from the 217,000–218,000 support zone. The price has reclaimed 219,050, but is facing mild resistance near 221,500, where profit booking has emerged. The short-term momentum has improved, although the broader trend remains cautious below the major resistance zone.

A sustained move above 221,500 could extend the rally towards 223,500–225,000, while a break below 218,000 would negate the current recovery and expose the contract to another decline towards 217,000 and lower levels.

Short term Research Report Call

Buy Above: 221,500 | Targets: 223,500, 225,500 | Stop-loss: 219,800

Sell Below: 218,000 | Targets: 217,000, 215,500 | Stop-loss: 219,500

 

Short term chart