CrudeOil
Friday 5 December, 2025
Short term - Technical Outlook
Crude Oil is moving inside a short-term rising channel, indicating improving bullish momentum after weeks of consolidation. The price has recently bounced from the channel’s lower trendline and is now approaching the 5,400 resistance zone. The major supply zone remains between 5,480–5,540, where multiple rejections were seen earlier this is the critical hurdle for any strong upside continuation.As long as price sustains above 5,300, the structure stays bullish within the rising channel. A breakout above 5,400 strengthens the move, while failure to hold the channel support may trigger a pullback.
Short term Research Report Call
Buy Above: 5345 | Targets: 5400 , 5460 | Stop-loss: 5280
Sell Below: 5275 | Targets: 5220 , 5160 | Stop-loss:5330
Short term Chart
Click here to view PDF
Validity
18/12/2025
Pivot
5362.00
Buy Above
5376.88
R1
5397.34
R2
5418.73
R3
5456.86
Stop Loss
5371.30
Pivot
5362.00
(All values are in INR)
Sell Below
5347.12
S1
5326.66
S2
5305.27
S3
5267.14
Stop Loss
5352.70
Gold
Friday 5 December, 2025
Short term - Technical Outlook
MCX Gold continues to trade within a rising channel, reflecting a stable medium-term uptrend, though prices are currently consolidating after encountering resistance near 132,400. The setup remains bullish as long as the lower channel trendline holds, with immediate support at 129,200–128,600 offering potential buying opportunities. A decisive move above 131,800–132,400 would resume the upward momentum toward 133,200–134,000, while a fall below ?128,600 could shift sentiment weaker and pull prices toward 127,400–126,500. Overall, the outlook stays positive, but short-term consolidation may continue until Gold breaks above the key 132,400 resistance.
Short term Research Report Call
Buy Above: 130100 | Targets: 130450 , 131150 | Stop-loss: 129750
Sell Below: 129700 | Targets: 129200 , 128700 | Stop-loss:130050.
Short term Chart
Click here to view PDF
Validity
05/02/2026
Pivot
130081.00
Buy Above
130310.28
R1
130625.54
R2
130955.13
R3
131542.66
Stop Loss
130224.30
Pivot
130081.00
(All values are in INR)
Sell Below
129851.72
S1
129536.46
S2
129206.87
S3
128619.34
Stop Loss
129937.70
NaturalGas
Friday 5 December, 2025
Short term - Technical Outlook
Natural Gas continues to trade within a well-defined rising channel, maintaining a strong short-term uptrend despite a recent pullback from the upper resistance zone at 456–458. The overall structure remains bullish, with the trend intact as long as price holds above the mid-channel region. The current dip appears healthy and may offer buy-on-dips opportunities around 444–446. A decisive breakout above 458 could accelerate bullish momentum toward 465–472. However, sustained weakness below 438 would signal a breakdown from the channel, shifting the outlook to neutral-to-bearish.
Short term Research Report Call
Buy Above: 445 | Targets: 454 , 462 | Stop-loss: 438
Sell Below: 435 | Targets: 425 , 412 | Stop-loss: 442
Short term Chart
Click here to view PDF
Validity
26/12/2025
Pivot
447.13
Buy Above
449.89
R1
453.67
R2
457.63
R3
464.68
Stop Loss
448.85
Pivot
447.13
(All values are in INR)
Sell Below
444.38
S1
440.60
S2
436.64
S3
429.59
Stop Loss
445.41
Market Commentary
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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.
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