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BULLION

GOLD

Intraday move largely to be northbound if prices stay above 51940 region. Even in this positive picture, a long liquidation which claim below the same move may push prices lower.

SILVER

Prices have been nearing towards the upside hindrance of 60000 region, Which if breaks could boost prices higher. Inability to crack above the same may grab prices lower.

ENERGY

CRUDEOIL

Intraday move largely to be south bound if prices remain below 7270 region. Even in this intraday bearish expectation, decisive trades which sustain above the same may lift prices higher.

NATURAL GAS

Prices need to crack below the downside hindrance of 598 region to trigger fresh selling in the session ahead. Botched attempt to activate such trades may be sign of intraday buying.

BASE METALS

COPPER

If prices remain above the downside hindrance of 655 region could lift prices further higher. On the flipside, a surprise fall below the same may dent our buying expectation.

NICKEL

Consolidation largely to continue with limited trades.

ZINC

A corrective fall which settle below 305 region may bid fresh long liquidation move. Else could expect prices to swing higher towards the upside price objective of 310.

LEAD

Next stage of buying may be seen only by decisive trades above 184.50 region. Else hold the same for prices to turn lower in the later session.

ALUMINIUM

A direct rise above 214.50 would be sign of intraday buying in the session ahead. Failed to achieve such trades may bid a downside corrective move.

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