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BULLION

GOLD

A direct fall below the downside hindrance of 51680 may be sign of further weakness in the session ahead. Inability to achieve such trades may call fresh buying.

SILVER

Current weakness may stretch lower towards the objective of 57650 or even lower. Even in this bearish expectation, a direct rise above 58600 may invite fresh buying.

CRUDEOIL

Prices still have room for weakness in the session ahead. However, rebounding trades above 6990 may invite fresh recovery move.

NATURAL GAS

Present buying sentiments largely to uphold in the upcoming session towards the upside objective of 760 or even higher. Even in this bullish outlook, a corrective fall below 728 may call long liquidation move.

BASE METALS

Copper

Further weakness may activate only by decisive trades below 659 region. Which if remain undisturbed could bid fresh buying in later session.

NICKEL

Consolidation largely to persist with marginal trades.

Zinc

Prices likely to trade northbound with wild moves. Although a corrective dip which claim below 318 may eventually push prices lower.

Lead

Consolidation likely to continue within the trading range of 182.50-185.50. A firm move which breaks either side of the aforesaid region could set the trend.

Aluminium

Major weakness may be seen only by tangible trades below 208 region. Inability to achieve such trades may induce fresh buying in the session ahead.

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