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BULLION

GOLD 

Prices recovery still on cards and possibly to stretch towards 52170 or even higher. Even in this positive sentiments, a vertical fall below 51600 may be a sign of long liquidation.

SILVER 

Present bullish momentum may persist towards the 62500 followed by 63200. However, a corrective dip which claim below 61380 may be sign of intraday weakness.

CRUDEOIL 

Witnessing buying sentiments possibly to stretch higher towards the upside objective of 7430 or even more. Even in this dominant buying sentiments, a vertical fall below 7200 may squeeze down prices lower.

NATURAL GAS 

Intraday move largely to be downward towards the downside objective of 547 firstly or even lower to 520 region. Although recovery trades above 572 would be a sign of price recovery.

COPPER 

Previous session weakness may extend only by decisive trades below 648 region. Else hold the same for prices to turn higher towards the price objective of 663 or even more to 675.

NICKEL 

Price consolidation largely to continue without much active trades

ZINC 

Intraday weakness may be seen only by decisive trades below 278 region. Which if remain undisturbed could bid fresh buying in the session ahead.

LEAD

Consecutive days of buying may extend only by tangible trades above 184.40 region. Inability to challenge above the same may eventually push prices lower.

ALUMINIUM 

Slippage below the downside hindrance of 204.50 could extend weakness in the upcoming session. Which if remain undisturbed could boost prices higher.

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