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BULLION

GOLD

Broad buying still intact and possibly bolster in the coming session. In this positive note, fall below 47540 may eventually push prices lower

SILVER

Intraday move is expected to be northbound as long as prices float above the downside hindrance of 70900 region. But a corrective fall which settle below the same may push prices lower.

ENERGY

CRUDEOIL

If prices remained above the downside obstacle of 4675 region could expect further gains in the coming session. Although a direct fall below the same may dent our buying sentiments.

NATURAL GAS

Present consolidation likely to progress in the coming session with mild negative bias. But decisive trades above the 217 may help prices to take off higher.

BASE METALS

Copper

Reclaiming trades above 801 would be a sign of intraday buying in the coming session. Inability to mark trades above the same may bid further long liquidation move in the later session.

NICKEL

Prices need to crack above the upside hindrance of 1342 for a major prices recovery. Else could expect downside corrective move to previous session levels.

BASE METALS

Zinc

Prices need to challenge above the upside hurdle of 241 for major buying spree. Which if remain untouched could expect prices to slip lower.

Lead

Rise above the upside hindrance of 177.60 could cajole fresh buying in the coming session. Inability to crack above the same may squeeze down prices lower.

BASE METALS

Aluminium

Dominant buying still intact and possibly to persist in the coming session. But dip below 202.30 may grab prices lower.

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