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BULLION

GOLD

Reclaiming trades above the 46240 could entice fresh recovery move in the upcoming session. Botched attempt to win such trade may bid further weakness on counter.

SILVER

Like we said last day, intraday weakness trigger only by convincing trades below 62200. Failed to mark such trades may lift prices higher in the coming session.

ENERGY

CRUDEOIL

Intraday move largely to be northbound if prices stay above the 4975 region. In this positive expectation, slippage below the same may bid fresh selling on the coming session.

NATURAL GAS

Even though broad buying still intact. A corrective dip which claim below the downside obstacle of 301 may be a sign of long liquidation move in the upcoming session.

BASE METALS

COPPER

Recovery trades above 738 could induce fresh buying on coming session. Else could anticipate further price correction and such weakening trades may gradually squeeze down prices to recent low

NICKEL

A major buying may be seen only above the upside hindrance of 1454 region. Which if remain undisturbed could expect prices to turn lower in the coming session.

ZINC

Intraday move largely to be northbound if prices stay above 249 region. Even in this positive picture, a corrective move which claim below the 249 may eventually squeeze down prices lower.

LEAD

Ensuing buying sentiments largely to persist in the coming session if prices stay above 178.70 region. On the flipside a direct fall through the same may push down prices lower.

ALUMINIUM

Ensuing buying sentiments likely to uphold in the upcoming session. Even in this positive note, an unexpected fall below 206.70 may entice fresh selling.

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