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BULLION

GOLD

A vertical rise which sustain above 49630 could boost prices higher. Failed to achieve such trades may eventually push prices lower.

SILVER

Prices still have room for gains and possibly to stretch higher towards the upside objective of 58100 firstly followed by 58700. But a corrective fall below 56800 may squeeze down prices lower

CRUDEOIL

Ensuing recovery move may stretch higher towards the Bollinger middle band level of 7030 region or even more. Even in this buying picture, a corrective fall below 6780 may negate our buying expectation.

NATURAL GAS

Intraday move largely to be north bound if prices stay above the downside hindrance of 618 region. Although a surprise fall below the same may dent our buying expectation

COPPER

Consolidation likely to progress with in the trading range of 643-654 region. A firm move which breaks either side of the aforesaid region to set our fresh directional move

NICKEL

Present lifeless moves may persist further in the session ahead.

ZINC

Next phase of selling may trigger only by tangible trades below 277 region. Else could expect prices to rebound higher to 285 region.

LEAD

Intraday weakness may be seen only below 178.50 region. Else hold the same for prices to turn higher in the session ahead.

 ALUMINIUM

Simmering weakness may continue towards the downside objective of 193 or even lower to 191.40 region. Even in this bearish sentiments recovery trades above 195.50 may lift prices higher.

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