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BULLION

GOLD

Intraday weakness may trigger only by promising trades below 44820 region. Conversely, botched effort to win below the same would be an early sign of a price rebound

SILVER

If prices remain below the Bollinger middle band level of 69200 region could anticipate a downside move . Although sturdy trades above the mentioned region could lift prices higher.

ENERGY

CRUDEOIL

Major price recovery may be seen only above the 4500 region. Inability to challenge above the same may squeeze down prices lower in the later sessions.

NATURAL GAS

If prices remained below the upside hindrance of 212 could expect further weakness in the coming session. However, determined trades above same could boost prices higher.

BASE METALS

Copper

A price swing above the 713.40 could cajole fresh buying for today session. If this above mentioned region remain undisturbed could push down prices lower.

NICKEL

Witnessing weakness may possibly to continue in the coming session. Whereas a direct rise above 1360 could boost prices higher.

BASE METALS

Zinc

Prices have been rebounding higher, but need to crack above the upside hindrance of 224.60 to persist further. But there is equal plausible chance of a corrective dip if prices failed to challenge above 224.60.

Lead

Weakness may continue in the coming session if prices remained below 169.80 region. But a decisive move which sustained above the same could a bid intraday recovery move.

BASE METALS

Aluminium

Broad buying likely to gain momentum as long as prices stay above 175.60 region. But dip below the same may squeeze down prices lower in the coming session.

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