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Gold LBMA Spot :

Intraday trend remains choppy with mild negative. However a direct rise above $1800 would negate the trend and take prices higher.

Silver LBMA Spot :

Upticks expected only a break above $21. Else, range bound with weak bias expected to continue in the counter.

Crude Oil NYMEX:

Weakness likely to continue while prices are unable to move past $96.However, major support of $85 needs to be cleared for triggering sharp liquidation.

Gold KG Oct:

Intraday bias remains on the weaker side as long as prices stay below Rs 52700. Recovery rallies would seen only a break of the same.

Silver KG Sep:

As prices stay below the stiff support of Rs 57200 would trigger sharp liquidation pressure. Further rallies are seen only a break above Rs 59000.

Crude Oil Aug:

A direct drop below Rs 6800 would trigger major liquidation pressure. Else, there are chances of recovery upticks for the day.

Natural Gas Aug:

Outlook remains on the bullish side while it says above Rs 690. Meanwhile, consistent trades below Rs 650 is a sign of weakness.

Copper Aug:

Expect recovery upticks as prices hold the support of Rs 660. A direct break of which would trigger selling pressure.

Nickel Aug:

Volume less trades inside Rs 1880-2400 levels likely to continue in near future.

Zinc Aug-

Intraday bias likely to be on the weaker side as long as Rs 324 caps the upside. A direct turn below Rs 308 is a sign of major weakness.

Lead Aug:

Choppy with mild positive bias expected initially. Consistent trades below Rs 182 is a sing of weakness.

Aluminium Aug:

Inability to break the support of Rs 208 there are chances of recovery upticks. Anyhow major resistance is seen at Rs 220. 

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