CrudeOil
Thursday 14 August, 2025
Short term - Technical Outlook
Crude Oil futures (MCX) have broken below the crucial 5,500 support, indicating sustained bearish momentum after exiting a two-day consolidation phase.On the global front, bearish fundamentals persist—OPEC’s decision to increase production and robust U.S. output continue to pressure prices.Interestingly, some analysts believe a short-term recovery is plausible, with support near 5,580 and resistance around 5,700.MCX Crude Oil is experiencing downward pressure amid weak fundamentals and technical breakdowns. The trading bias is cautiously bearish, with possible rebounds near 5,580—but only a decisive move above 5,700 would shift that bias. Until then, the commodity remains weak, and lower targets remain the primary focus.
Short term Research Report Call
Buy Above: 5580 | Targets: 5650 , 5700 | Stop-loss: 5540
Sell Below: 5500 | Targets: 5450 , 5400 | Stop-loss: 5645
Short term Chart
Validity
19/08/2025
Pivot
5926.00
Buy Above
5965.04
R1
6018.72
R2
6074.84
R3
6174.88
Stop Loss
5950.40
Pivot
5926.00
(All values are in INR)
Sell Below
5886.96
S1
5833.28
S2
5777.16
S3
5677.12
Stop Loss
5901.60
Gold
Thursday 14 August, 2025
Short term - Technical Outlook
MCX Gold is consolidating after a strong rally, showing resilience above 1 lakh. Safe-haven demand continues to support prices, though near-term upside may be capped amid easing trade tensions. The market is best approached with a fade-on-strength or buy-on-dips strategy, keeping eye on key intraday levels for tactical trades.Gold futures on MCX have surged over 2,400 per 10 grams in August, reflecting strong momentum despite a recent intraday drop to around 1,01,052. After a dip earlier this week, prices rebounded to about 1,00,342, underscoring solid support near the 1 lakh mark.
Short term Research Report Call
Buy Above: 100100 | Targets: 100500 , 100800 | Stop-loss: 99800
Sell Below: 100700 | Targets: 100300 , 100000 | Stop-loss: 101000
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 14 August, 2025
Short term - Technical Outlook
MCX Natural Gas remains entrenched in weak territory, with a clear neutral-to-bearish bias. While oversold indicators suggest potential for a counter-trend bounce, broader technical weariness persists. Price action around the 266–270 pivot zone is the primary driver to watch for intraday direction.The current technical consensus across major platforms like TradingView and Investing.com rates Natural Gas as a “Strong Sell”, signaling prevailing bearish momentum.Natural Gas is trading in a tight range near 268–269, sitting just above crucial support at 266.7. Immediate resistance lies at 279–282, where recent selling has emerged.
Short term Research Report Call
Buy Above: 269 | Targets: 279 ,285 | Stop-loss: 260
Sell Below: 260 | Targets: 255 , 250 | Stop-loss: 269
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.
