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BULLION

Gold

A direct fall through 48000 may be a sign of long liquidation move in the coming session. Failed to sustain below the same could invite fresh buying in the coming session.

SILVER

Prices still in a consolidation range of 70700-72500. A decisive move which breaks either side of the aforementioned region could set off fresh directional move in the coming session.

ENERGY

CRUDEOIL

Prices look exhausted after recent consecutive gains. Therefore, if prices remain below 5345 region could gradually bid a long liquidation move. However a direct rise above the recommended region could lift prices further higher.

NATURAL GAS

Broad buying still unharmed and possibly gain in todays session if prices stay above the 232 region. But a direct fall below the same may grab prices lower.

BASE METALS

Copper

Present recovery in prices less likely to gain pace if prices stay below 724 region. However, a direct rise above the mentioned region could boost prices higher.

NICKEL

As long as 1306 region caps upside could expect prices to slip further in the coming session. But decisive trades above the same could boost prices higher.

ZINC

Present corrective move possibly to persist in the coming session, but need to challenge below the downside obstacle of 236.40 for major selling. Inability to crack below the same could push prices higher.

LEAD

Prices likely to consolidate in the region of 172-170. A firm move which break any of the mentioned region could set off fresh directional move.

ALUMINIUM

If prices remain above the Bollinger middle band level od 192 region could expect price recovery. But a direct fall below the same may squeeze down prices lower.

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