Short term - Technical Outlook

Crude Oil futures are currently trading near 8,150, showing mild bearish pressure with a small red candle after opening at 8,172 and easing slightly from the session high of 8,183. The price has surged sharply over the recent sessions from the 7,660 base, establishing a strong bullish momentum sequence with prominent green candles and minimal retracement. The current candle reflects a brief pause near the upper resistance zone rather than a directional reversal, with buyers maintaining control of the short-term structure.

The broader structure is firmly bullish, with consecutive higher lows and higher highs reinforcing the uptrend over the recent sessions. Price is now approaching the key overhead resistance at 8,215–8,280, and the ability to sustain above 8,090 on any pullback will determine whether the bullish impulse continues toward fresh highs. A sustained close above 8,280 would confirm a breakout and open the path toward 8,325 and higher extension levels.

On the downside, immediate support lies near 8,090–8,010, followed by stronger structural demand at 7,935. A breakdown below 8,090 would invite short-term corrective pressure toward the 8,010 zone, though the dominant uptrend strongly favours buyers on any dip while price holds above key support.

 

Short term Research Report Call

Buy Above: 8,280 | Targets: 8,325, 8,370 | Stop-loss: 8,235

Sell Below: 8,090 | Targets: 8,045, 8,000 | Stop-loss: 8,135

 

 

Short term - Technical Outlook

Gold futures are currently trading near 142,900, showing a marginally negative candle after opening at 142,990 and holding within a narrow range. The price has recovered from the lows near 140,820 over the recent sessions, with a sequence of green candles reclaiming the 142,570 zone and pushing price toward the lower boundary of the key resistance band at 143,410–143,940. The current candle reflects consolidation just below this resistance, with buyers having demonstrated renewed conviction but now facing the first meaningful overhead supply level of the recovery.

The broader structure remains in a cautious recovery phase after the sharp multi-session decline from higher levels. Price has reclaimed the 142,020–142,570 zone and is now testing the underside of the 143,410–143,940 resistance band. A sustained close above 143,940 would confirm the recovery has gained traction and open the path toward 145,440 and higher, representing a meaningful shift in near-term bias. However, failure to clear this resistance and a return below 142,570 would signal the recovery is exhausting and risk a retest of the recent lows.

On the downside, immediate support lies near 142,570–142,020, followed by deeper structural demand at 141,070. A clear break below 142,570 would invite corrective pressure back toward the 142,020 zone and potentially lower, though the recent recovery candle sequence suggests buyers maintain short-term momentum while price holds above this level.

 

Short term Research Report Call

Buy Above: 143,940 | Targets: 145,440, 146,940 | Stop-loss: 142,440

Sell Below: 142,570 | Targets: 141,070, 139,570 | Stop-loss: 144,070

 

 

Natural Gas (MCX)

Short term - Technical Outlook

Natural Gas futures are currently trading near 275.6, showing mild bearish pressure with a small red candle after opening at 277.1 and pulling back toward the lower end of the recent range. The price has been oscillating between 274.5 and 281.5 over the recent sessions in a choppy, range-bound manner with alternating candles and no sustained directional follow-through. The current candle reflects continued seller presence near the upper band of this range, with the prior session's attempt to recover above 277 again being met with selling.

The broader structure remains bearish following the sharp breakdown from higher levels, with price unable to reclaim any meaningful resistance zone. The repeated failure above 277–278 has reinforced the overhead supply, and each recovery attempt has been capped within the range. A sustained close above 277.5 would signal potential for a short-term corrective bounce toward 279.5–281.5, though the prevailing structure continues to favour sellers while price remains below the resistance band.

On the downside, immediate support lies near 274.7–273.6, followed by deeper structural demand below 273. A clear break below 274.5 would confirm continuation of the bearish bias and invite extension toward 273 and lower, though range-bound price action near current levels suggests a consolidation phase may persist near term.

 

Short term Research Report Call

Buy Above: 277.5 | Targets: 279.5, 281.5 | Stop-loss: 275.5

Sell Below: 275 | Targets: 273, 271 | Stop-loss: 277

 

 

Short term - Technical Outlook

Silver Futures are currently trading near 223,750, showing a mild negative candle after opening at 223,930 and drifting slightly lower. The price has recovered sharply from the lows near 214,500 over the recent sessions, with a strong green candle establishing renewed buyer momentum and reclaiming the 222,040 support zone. The current candle reflects a brief consolidation following the sharp recovery, with price holding within the 222,040–225,300 range and buyers maintaining a foothold above the prior resistance-turned-support.

The broader structure has shifted cautiously bullish in the near term following the sharp recovery from the lows, with the recent green candle sequence suggesting buyers are defending the 220,000–222,040 zone aggressively. However, the overhead resistance at 225,300–226,970 continues to cap meaningful upside, and a sustained close above 226,970 would be required to confirm a more meaningful trend reversal and invite continuation toward 229,470 and higher. The medium-term structure remains bearish given the prior sustained decline, and the recovery must prove itself above key resistance before the bias can shift.

On the downside, immediate support lies near 222,040–220,290, followed by deeper structural demand at 213,890. A clear break below 222,040 would signal failure of the current recovery and invite renewed pressure toward 219,540 and lower, though the recent candle structure suggests buyers remain active near the 220,000–222,000 zone.

 

Short term Research Report Call

Buy Above: 226,970 | Targets: 229,470, 231,970 | Stop-loss: 224,470

Sell Below: 222,040 | Targets: 219,540, 217,040 | Stop-loss: 224,540