Short term - Technical Outlook

MCX Crude Oil has bounced strongly from the 5,145 support zone, which has repeatedly acted as a demand area. The market is now heading toward a key resistance zone near 5,380–5,420. This level has been rejected multiple times, making it the nearest supply barrier. A breakout & close above 5,420 may trigger a stronger upside move toward 5,510-5,590. This level would confirm a trend shift from consolidation to bullish continuation. Neutral to Bullish bias as long as crude stays above 5,270. Breakout above 5,420 will be the trend changing trigger.

 

Short term Research Report Call

Buy Above: 5340 | Targets: 5370, 5420 | Stop-Loss: 5280
Sell Below: 5265 | Targets: 5235, 5200 | Stop-Loss: 5295

 

Short term Chart

Short term - Technical Outlook

Gold Futures initially traded in a strong rising channel, making a series of higher highs and higher lows. After breaking below the channel, price corrected but found strong support near the 120,300 zone, which acted as a demand base. Since then, gold has been forming a gradual recovery, and now price is again testing a key resistance zone near 127,800–128,000. Price is now consolidating just below resistance, indicating accumulation and reduced selling pressure. Candles show momentum building toward a potential breakout. A sustained breakout above ?128,000 with strong volume may trigger upside continuation toward 130,000-131,500. The price structure suggests buyer strength, but a clear breakout above the previous high is needed to confirm momentum continuation.

 

Short term Research Report Call

Buy Above: 128500 | Targets: 129000, 129500 | Stop-Loss: 127850
Sell Below: 125500 | Targets: 125000, 124500 | Stop-Loss: 126000

 

Short term Chart

 

Short term - Technical Outlook

Natural Gas is currently trading within a well-defined ascending channel, indicating a steady bullish trend. Price action continues to form higher highs and higher lows, confirming strong trend momentum. The recent candles show a decisive move higher, with price now near the upper band of the trend channel, suggesting bullish strength but also caution for potential near-term pullbacks. If Natural Gas breaks and closes above 445, it could accelerate toward 465-480. Natural Gas remains in a strong upward trend, a breakout above 445 will reinforce continuation toward higher targets, while dips are likely to see buying interest above 400.

 

Short term Research Report Call

Buy Above: 440 | Targets: 445, 450 | Stop-Loss: 435
Sell Below: 410 | Targets: 408, 406 | Stop-Loss: 412

 

Short term Chart