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BULLION

GOLD 

Witnessing weakness may stretch lower towards the downside objective of 50050 firstly or even lower to 50830 region. On the flipside, recovery trades above 50600 may lift prices higher .

SILVER 

Prices need to challenge above the upside hindrance of 59000 to trigger fresh buying in the session ahead. Botched attempt to close above the same may eventually push prices lower.

CRUDEOIL 

Prices need to clear off above the upside hindrance of 7400 region to trigger fresh buying. However, if it remain untouched, expect a long liquidation move 7180 or even to 7060.

NATURAL GAS 

As long as prices remain above the downside hindrance of 468 region, expect intraday price recovery to 510 or even more. Yet, determined trades which claim below 468 may squeeze down prices lower.

COPPER 

Intraday move is expected to be south bound with an immediate objective of 651 or even lower to 645. But recovery trades above 662 may call fresh buying in the session ahead.

NICKEL 

Present lifeless trades likely to continue in the upcoming session.

ZINC 

Simmering weakness likely to stretch lower towards the downside objective of 264 firstly followed by 261.90. Even in this bearish expectation, solid trades which sustain above 269.50 may invite fresh recovery move.

LEAD

Slippage past below 177 may bid fresh selling in the session ahead. Else could prices to rebound higher to 180.50 or even more.

ALUMINIUM 

If prices remain above the downside support of 197.50 could expect further recovery in the upcoming session 203.80. But a corrective fall below 197.50 may be a sign of weakness.

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