Crude Oil
Friday 11 April, 2025
Short term - Technical Outlook
Crude oil is experiencing a strong sell-off over the last few sessions, closing at 5169, down by 96 points. Further momentum is expected above 5360 for an upside move or below 5200 for a downside move.
The ongoing trade war is significantly impacting crude oil prices, and a further decline can be expected if crude holds below the 5200 range. Market participants are advised to stay cautious amid global uncertainty and volatility.
Short term Research Report Call
Buy Above: 5360 | Targets: 5400, 5450, 5520 | Stop-loss: 5320
Sell Below: 5200 | Targets: 5098, 5000, 4820 | Stop-loss: 5250
Short term Chart
Validity
21/04/2025
Pivot
5179.33
Buy Above
5211.81
R1
5256.47
R2
5303.16
R3
5386.39
Stop Loss
5199.63
Pivot
5179.33
(All values are in INR)
Sell Below
5146.85
S1
5102.19
S2
5055.50
S3
4972.27
Stop Loss
5199.63
Gold
Friday 11 April, 2025
Short term - Technical Outlook
Gold experienced significant volatility in the last session, trading within an ascending channel on the 4-hour chart. It closed at 92,033, up by 2,229 points. It is currently trading near the ascending channel breakout area. If it sustains above the 91,500 zone, further upward momentum is expected.
For intraday trades, movement above 92,200 may signal an upside move, while a dip below 91,700 could indicate further downside.
Short term Research Report Call
Buy Above: 92,200 | Targets: 92,880, 93,367, 93,600 | Stop-loss: 92,000
Sell Below: 91,700 | Targets: 91,450, 91,100, 90,618 | Stop-loss: 91,900
Short term Chart
Validity
05/06/2025
Pivot
91781.33
Buy Above
92019.57
R1
92347.15
R2
92689.62
R3
93300.11
Stop Loss
91930.23
Pivot
91781.33
(All values are in INR)
Sell Below
91543.09
S1
91215.51
S2
90873.04
S3
90262.55
Stop Loss
91930.23
Natural Gas
Friday 11 April, 2025
Short term - Technical Outlook
Natural gas is trading in a broken descending channel on the 15-minute chart, currently trading at 303. If it sustains above 325, further positive momentum could follow.
Another intraday move can be expected above 310 for upside or below 300 for downside momentum. The last session closed down by 16.7 points, settling at 303.
Short term Research Report Call
Buy Above: 310 | Targets: 312.5, 316.5, 321 | Stop-loss: 307
Sell Below: 300 | Targets: 297, 295, 290 | Stop-loss: 303
Short term Chart
Validity
25/04/2025
Pivot
309.07
Buy Above
312.70
R1
317.69
R2
322.91
R3
332.22
Stop Loss
311.34
Pivot
309.07
(All values are in INR)
Sell Below
305.43
S1
300.44
S2
295.22
S3
285.91
Stop Loss
311.34
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.
