CRUDEOIL
Friday 11 September, 2026
Short term - Technical Outlook
Crude Oil futures are currently trading near 9,722, extending the strong upside move after breaking above the 9,300 support/resistance zone and continuing to trade near the upper portion of the rising channel. The sharp recent advance indicates strong buying momentum, with price now approaching the key 10,000-10,100 resistance.
On the downside, 9,300 has now emerged as the immediate key support, followed by 8,800. As long as price sustains above 9,300, the broader bullish structure remains intact. However, after the sharp rally, some consolidation or profit-taking cannot be ruled out near resistance. Overall, the short-term bias remains strongly bullish, with 10,100 acting as the crucial breakout level.
Short term Research Report Call
Buy Above: 9,800 | Targets: 9,900, 10,000 | Stop-loss: 9,700
Sell Below: 9,600 | Targets: 9,500, 9,400 | Stop-loss: 9,700
Short term Chart
Validity
21/09/2026
Pivot
9520.00
| Signal | Trigger level | Targets | Stop loss | ||
|---|---|---|---|---|---|
| Target 1 | Target 2 | Target 3 | |||
| Buy AboveBullish buy signal | 9633.60 | R19789.80 | R29953.10 | R310244.20 | Stop Loss9591.00 |
| Pivot | 9520.00 | (All values are in INR) | |||
| Sell BelowBearish sell signal | 9406.40 | S19250.20 | S29086.90 | S38795.80 | Stop Loss9449.00 |
GOLD
Friday 11 September, 2026
Short term - Technical Outlook
Gold futures are currently trading near the 152,200 zone, with the metal struggling to sustain momentum above the 154,000 mark. The broader short-term structure remains under pressure as long as price stays below 156,000. A sustained move above this resistance could improve the recovery structure and open the way towards 158,000, followed by 160,000.
On the downside, 150,000 remains the key psychological support, followed by 146,000. A decisive break below 150,000 would weaken the current consolidation and could extend the correction towards 146,000. Overall, the short-term bias remains bearish, with 156,000 acting as the key level for a meaningful upside reversal. A sustained breakout above 156,000 would strengthen the bullish setup, while a break below 150,000 would reinforce downside pressure.
Short term Research Report Call
Buy Above: 154,000 | Targets: 155,000, 156,000 | Stop-loss: 153,000
Sell Below: 152,000 | Targets: 151,000, 150,000 | Stop-loss: 153,000
Short term Chart
Validity
05/10/2026
Pivot
152730.33
| Signal | Trigger level | Targets | Stop loss | ||
|---|---|---|---|---|---|
| Target 1 | Target 2 | Target 3 | |||
| Buy AboveBullish buy signal | 153218.33 | R1153889.33 | R2154590.83 | R3155841.33 | Stop Loss153035.33 |
| Pivot | 152730.33 | (All values are in INR) | |||
| Sell BelowBearish sell signal | 152242.33 | S1151571.33 | S2150869.83 | S3149619.33 | Stop Loss152425.33 |
NATURALGAS
Friday 11 September, 2026
Short term - Technical Outlook
Natural Gas futures are currently trading near 270.8, showing a recovery from the recent low near 264.7 after the sharp decline from the 285 resistance. Price is currently attempting to stabilize around the 272 resistance zone, but it remains below this level, keeping the near-term structure under pressure. A sustained move above 272 could improve the recovery and push prices towards 280, followed by the major resistance at 285.
On the downside, a decisive break below 270–268 could resume selling pressure and bring 260 into focus, followed by the major support at 252. The rising trendline is also being tested after the recent correction, making the current zone important for determining the next move. Overall, the short-term bias remains cautious, with 272 acting as the key recovery level. A sustained move above 272 would ease the bearish pressure, while a break below 268 could accelerate the downside.
Short term Research Report Call
Buy Above: 275 | Targets: 280, 285 | Stop-loss: 270
Sell Below: 264 | Targets: 260, 255 | Stop-loss: 270
Short term Chart
Validity
25/09/2026
Pivot
268.67
| Signal | Trigger level | Targets | Stop loss | ||
|---|---|---|---|---|---|
| Target 1 | Target 2 | Target 3 | |||
| Buy AboveBullish buy signal | 269.64 | R1270.98 | R2272.39 | R3274.89 | Stop Loss269.28 |
| Pivot | 268.67 | (All values are in INR) | |||
| Sell BelowBearish sell signal | 267.69 | S1266.35 | S2264.95 | S3262.44 | Stop Loss268.06 |
SILVER
Friday 11 September, 2026
Short term - Technical Outlook
Silver futures are currently trading near the 233,850 zone, extending the recent decline after facing repeated rejection near the 245,000 resistance. The latest price action shows increasing selling pressure, with price moving back towards the 230,000 immediate support. The failure to sustain above 245,000 has weakened the short-term structure, and a decisive break below 230,000 could accelerate the correction towards 222,000.
On the upside, 240,000 is the immediate recovery level, followed by the key 245,000 resistance. Overall, the short-term bias remains cautious to bearish, with selling pressure likely to persist while price remains below 240,000. A break below 230,000 would further strengthen the downside setup.
Short term Research Report Call
Buy Above: 236,000 | Targets: 240,000, 244,000 | Stop-loss: 233,000
Sell Below: 230,000 | Targets: 226000, 222,000 | Stop-loss: 233,000
Short term Chart
Validity
04/12/2026
Pivot
237299.67
| Signal | Trigger level | Targets | Stop loss | ||
|---|---|---|---|---|---|
| Target 1 | Target 2 | Target 3 | |||
| Buy AboveBullish buy signal | 239027.67 | R1241403.67 | R2243887.67 | R3248315.67 | Stop Loss238379.67 |
| Pivot | 237299.67 | (All values are in INR) | |||
| Sell BelowBearish sell signal | 235571.67 | S1233195.67 | S2230711.67 | S3226283.67 | Stop Loss236219.67 |
Market Commentary
View All
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.