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Gold Mini Mar/ LBMA Spot Gold

Though the immediate trend looks feeble, a break of $1760 is needed to continue the momentum. Else, there are chances of mild recovery but a beak above $1840 could take prices much higher. MCX GoldM Mar Res: 47200 Support: 45580

Silver Mini Feb/ LBMA Spot Silver

Breaking the immediate resistance of $28 is required to continue rallies. Otherwise prices may correct lower for the day. A direct drop below $26 is a signal of immediate downside reversal. MCX Silver Feb: Res at Rs 70920. Sup: 68700

Copper Feb

While prices stay above 640 Bullish outlook remain intact in the counter. Meanwhile, a direct drop below 628 is a reversal signal.

Nickel Feb

Bullish rallies may continue as long as prices stay above 1350. A direct turn below 1340 is a reversal signal.

Lead Feb

Braking 172 is required to continue further upticks in the counter. Else, there are chances of selling pressure.

Zinc Feb

Bullish outlook may extend if the support of 214 remain undisturbed. Weakness is seen only a break of 208.

Aluminium Feb 

While above 168 bullish sentiments may extend towards 173 or even more. A direct drop below 167 may extend weak bias.

MCX Crude Oil Feb/NYMEX Crude Mar

Bullish rallies may continue as it cleared the immediate obstacle of $62. Immediate upside targets are seen at $64 followed by $67 levels. A direct break below $57 may extend corrective selling pressure. MCX Feb: Res at Rs 4580 / Support: Rs 4420.

Natural Gas Feb

If the support of 220 remain undisturbed expect rallies to continue towards 242 or even more. A direct drop below 212 is a reversal signal.

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