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Gold LBMA Spot

.Prices most likely congested inside $1970-1940 levels initially and breaking any of the sides would suggest fresh directional move for the day.

Silver LBMA Spot

Mild negative momentum expected initially. However, it needs to clear above $25.20 to strengthen the momentum.

Crude Oil NYMEX

Consistent trades above $80 would extend rallies. A direct drop below $75 likely to trigger weakness.

Gold KG Aug

Consistent trades above Rs 59600 would lift price higher. Likewise unexpected drop below Rs 58700 would weaken the momentum

Silver KG Sep

Inability to break the resistance of Rs 77000 would extend selling pressure. Major support is placed at Rs 70000.

Crude Oil Aug

While prices stay above Rs 6300 would continue rallies. Else, choppy trading is on the cards.

Natural Gas Jul

As long as the support of Rs 210 remains holds downside, expect recovery rallies. Unexpected drop of which may see liquidation pressure.

Copper Aug

While above Rs 740 expect to extend rallies. Else, choppy trading is on the cards for the day.

Nickel Aug

Expect choppy with thin volume trading in the near future.

Zinc Aug

Consistent trades above Rs 222 would extend rallies. Else, there are chances of corrective selling pressure.

Lead Aug

A direct drop below Rs 183 it may extend weakness. Lese, choppy with mild recovery upticks are on the cards.

Aluminium Aug

Expect choppy trades inside Rs 200-196 levels and breaking any of the sides would suggest fresh directional moves for the day.

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