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BULLION

GOLD 

Consecutive days of buying still intact and possibly to extend in the session ahead. Although a corrective dip below 52480 may squeeze down prices lower.

SILVER 

Decisive trades above 63300 may trigger fresh buying in the session ahead. Which if remain undisturbed may eventually push prices lower 61800/60250.

CRUDEOIL 

Weakness may extend lower towards the downside objective of 6780 firstly followed by 6700. On the flipside, solid trades above 7020 would be a sign of fresh buying in the session ahead.

NATURAL GAS 

Prices have been consolidating with wild moves since last few days. However, for intraday, if prices stay above 472 region could expect prices to rebound higher to 525 region.

COPPER 

Present long liquidation likely to stretch lower towards the downside objective of 689 region. But recovery trades above 703 may induce fresh buying in the session ahead.

NICKEL 

Prices likely to consolidate with mild positive bias.

ZINC 

As long as prices remain above the downside hindrance of 276 region could expect to retain previous session buying sentiments. But a surprise fall below 276 may eventually push prices lower.

LEAD

Witnessing buying sentiments likely to persist further higher. But along liquidation move which sustain below 184.50 may squeeze down prices lower.

ALUMINIUM 

Ensuing recovery move likely to continue in the session ahead towards the upside objective of 214 followed by 216.40. But a corrective fall below 209 may dent our buying expectation.

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