Crude Oil
Friday 13 June, 2025
Short term - Technical Outlook
Crude Oil is currently trading in a broken brodening descending wedge pattern on the 4 hour chart. In the last session, it closed at 5844 up by 113 points. Sustaining above 5780 could be good for crude oil, while immediate support is placed at 5,700
Further intraday upside momentum is likely above 5,870 while a breakdown below 5800 could trigger additional selling pressure
Short term Research Report Call
Buy Above: 5,870| Targets:5900,5945,6000 | Stop-loss: 5,840
Sell Below: 5,800 Targets: 5760,5730,5,700 | Stop-loss: 5840
Short term Chart
Validity
18/06/2025
Pivot
5802.00
Buy Above
5826.64
R1
5860.52
R2
5895.94
R3
5959.08
Stop Loss
5817.40
Pivot
5802.00
(All values are in INR)
Sell Below
5777.36
S1
5743.48
S2
5708.06
S3
5644.92
Stop Loss
5817.40
Gold
Friday 13 June, 2025
Short term - Technical Outlook
In the last session, Gold closed at 98392 up by 1688 points. Gold is trading in an ascending channel on the wider timeframe and in a descending channel on the shorter timeframe, as shown in the chart.
Sustaining above 98000 could be good for Gold. A sustained move above this range could lead to further upside in Gold.
For intraday traders, a move above 98800 may indicate upside potential, while a dip below 98000 could trigger further downside pressure.
Short term Research Report Call
Buy Above: 98800 Targets:,99200,99700,100550 | Stop-loss: 98300
Sell Below: 98000| Targets: 97500,96700,96000 | Stop-loss:98500
Short term Chart
Validity
05/08/2025
Pivot
98125.00
Buy Above
98351.40
R1
98662.70
R2
98988.15
R3
99568.30
Stop Loss
98266.50
Pivot
98125.00
(All values are in INR)
Sell Below
97898.60
S1
97587.30
S2
97261.85
S3
96681.70
Stop Loss
98266.50
Natural Gas
Friday 13 June, 2025
Short term - Technical Outlook
Natural Gas is currently trading in a Ascending channel shwoing a uptrend. Holding above 320 level could lead to higher levels. The last session closed at 299. 1 down by .8 points. Another intraday move is likely above 308. However, a close below 293 could signal further downside in prices. Sustaining above 330 on a broader timeframe could lead to short-term bullishness in Natural Gas.
Short term Research Report Call
Buy Above: 308 Targets: 313,320,325 | Stop-loss: 304
Sell Below: 293| Targets: 290,283,273| Stop-loss: 297
Short term Chart
Validity
25/06/2025
Pivot
302.70
Buy Above
305.00
R1
308.17
R2
311.48
R3
317.39
Stop Loss
304.14
Pivot
302.70
(All values are in INR)
Sell Below
300.40
S1
297.23
S2
293.92
S3
288.01
Stop Loss
304.14
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.
