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BULLION

GOLD 

Prices have been nearing towards the upside hindrance of 50650 region, which if gives way, could expect further buying in the later session. Failed to close above the same may eventually push prices lower.

SILVER 

Prices clearly held the upside hindrance of 59000 region and need to challenge above the same to trigger next stage of buying. Else hold the same for prices to turn lower towards 57600 or even more.

CRUDEOIL 

As long as prices stay above the Bollinger middle band level of 7140 region could expect further buying in the session ahead. Even in this positive picture, a direct fall below the aforesaid region may dent our buying expectation.

NATURAL GAS 

Intraday move largely to be north bound if prices sustain above the upside hindrance of 520. Else hold the same for prices to continue broad weakness.

COPPER 

Intraday move is expected to be northbound if prices stay above the downside hindrance of 656 region. Even in this positive outlook, a surprise fall below 656 may be a sign of intraday weakness.

NICKEL 

Prices likely to consolidate with marginal trades.

ZINC 

Prices need to sustain above the upside obstacle of 275 region to invite fresh buying in the session ahead. Failed to reclaim above the same may eventually push prices further lower.

LEAD

By breaking off the downside hindrance of 178.50 could extend weakness in the upcoming session. Else hold the same for prices to extend previous session gains towards 181.80 or even higher.

ALUMINIUM 

Intraday weakness may be seen only by tangible trades below 199.80 region. Which if remain undisturbed could expect prices to turn higher in the session ahead.

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