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BULLION

GOLD

Present rebound in trades may sustain only by tangible trades above 47720 region. If not such trades happen, could be a sign of mild weakness.

SILVER

Intraday move largely to be southbound if prices stay above upside obstacle of 69700 region. But determined trades above the mentioned region may lift prices further higher.

ENERGY

CRUDEOIL

Major buying may be seen only by challenging trades above the upside hurdle of 4680. Failed to move past the same may grab down prices lower.

NATURAL GAS

Major price rally may trigger only by solid trades above the Bollinger upper band level of 210 region. Failed attempt to make such trades may push prices lower.

BASE METALS

Copper

As long as prices stay above the downside hindrance of 726 could expect further bullish momentum. But a sudden fall which claim below the same may squeeze down prices lower.

NICKEL

Recuperating trades above the Bollinger middle band level of 1225 would be a sign of intraday buying. Else hold the same for a downside corrective move.

BASE METALS

Zinc

Witnessing buying momentum likely to uphold in the coming session if prices remained above 228 region. But slippage below the same may dent our buying expectation.

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Lead

Ensuing buying sentiments likely to uphold in the coming session towards the upside objective of 175 or even more. But retreating trades below 171.60 may be seen of intraday weakness.

BASE METALS

Aluminium

Succeeding trades above the upside obstacle of 192 could boost prices higher. Inability to mark such move may squeeze down prices lower.

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