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BULLION

GOLD

As long as prices stay above the downside hindrance of 51220 region could expect intraday buying in the session ahead. On the other hand, a corrective fall below the same may dent our buying expectation.

SILVER

Intraday weakness may perceive only by direct fall below 57450 region. Botched attempt to activate such trades may set off fresh buying in the later session.

ENERGY

CRUDEOIL

Major weakness may establish only by consistent trades below 7280 region. Which if remain undisturbed could lift prices higher in the session ahead.

NATURAL GAS

A corrective dip below 598 region could trigger fresh selling in the session ahead. Failed to challenge below the same may induce fresh recovery in the session ahead.

BASE METALS

COPPER

Decisive trades which sustain above 651 could lift prices higher in the session ahead. Else hold the same for prices to scale lower.

NICKEL

Broad consolidation likely to progress with thin trades.

ZINC

Intraday move is largely to be southbound if prices stay below upside hurdle of 294 region. But recovery trades above 294 may push prices higher in the session ahead.

LEAD

Weakness may persist towards the immediate price objective of 175 initially or even lower to 173.40 region. Although retreating trades which sustain above 177.70 may bid fresh buying in the session ahead.

ALUMINIUM

Intraday weakness may be seen only by decisive trades below 207.80 region. Else hold the same for prices to rebound higher in the session ahead.

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