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BULLION

Gold

Broad buying still intact and likely to take prices to further higher. In this positive picture, an unexpected fall below 49100 may gradually push prices lower.

SILVER

Prices have been looming towards the upside hindrance of 73450 region. Break above the same could boost prices to higher levels. Although botched attempt to win such trades may bid intraday weakness

ENERGY

CRUDEOIL

Ensuing bullish sentiments possibly to strengthen in the coming session if prices remain above the downside support of 4920 region. However, a direct fall through above mentioned region may dent our buying expectation.

NATURAL GAS

Reclaiming trades above the immediate hindrance of 226.90 would trigger a major buying in the coming session. Else hold the same for a downside corrective move in the later session.

BASE METALS

Copper

Even though broad buying still point to higher, a corrective move which settle below the downside level of 767.40 may grab prices lower.

NICKEL

Prices still have room for further gain if prices remain above the downside hindrance of 1324 region. In this positive note, an unexpected fall below the same may grab prices lower.

ZINC

Decisive trades upside hindrance of 241 would be a sign of major buying in the coming session. Else hold the same for a downside corrective move in the session to come

LEAD

Determined trades above the immediate obstacle of 173.50 could boost prices higher. Inability to challenge above the same may push prices lower.

ALUMINIUM

Ensuing buying sentiments largely to persist in the coming session. However, a direct fall through 196.20 would be a sign of intraday weakness.

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