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BULLION

GOLD

Present buying sentiments may strengthen only by solid trades above 46640 region. But failed to activate such move may be sign of intraday weakness in the later session.

SILVER

Breaking off the upside hurdle of 63050 could boost prices further higher. Else hold the same for a downside corrective move which may initially test 61800 or even lower.

ENERGY

CRUDEOIL

Present recovery move less likely to extend unless prices sustained above 5180 region . But reclaiming trades above the same would be sign of further buying on coming session.

NATURAL GAS

Ensuing long liquidation move may extend further lower to 284 or even more in the coming session. But, retreating trades above 294 may induce fresh buying.

BASE METALS

COPPER

Intraday buying may withstand only by tangible trades above 736 region. Failed to challenge above the same may eventually push prices lower.

NICKEL

Present technical formation suggest further price gain in the upcoming session. But an unexpected fall below 1473 may be a sign of intraday weakness.

ZINC

Previous session long liquidation move may persist only by promising trades below 247.30 region. If the above-mentioned region remain untouched could boost prices further higher.

LEAD

Intraday move is expected to be northbound if prices stay above 178.80 region. Even in this positive note, a direct 178.80 may grab prices lower in the session to come.

ALUMINIUM

Prices likely to consolidate with in the trading range of 206.40-209. In this perplexing situation, a decisive move which settle either side of the mentioned region could set the directional move.

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