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BULLION

GOLD

Present selling momentum may persist only by substantial trades below 47600 region. Inability to challenge below the same may bid fresh buying on coming session.

SILVER

Intraday move is expected to be upward if prices stay above the downside support of 67600 region. If the above-mentioned region remain untouched could expect prices to boost higher.

ENERGY

CRUDEOIL

Witnessing long liquidation move likely to persist as long as prices stay below 5480 region. But a direct rise above the same may be sign of fresh buying on coming session.

NATURAL GAS

Substantial trades above the upside obstacle of 299.50 could lift prices higher. Botched effort to mark such trades may induce fresh selling on the coming session.

BASE METALS

COPPER

Prices likely to consolidate with in the trading range of 759-750 during the evening session. A firm move which breaks either side of the mentioned region could set fresh directional move.

NICKEL

Broad bullish sentiments largely to extend if prices remain above 1480 region. But a direct fall which claim below the same may be a sign of an intraday weakness.

ZINC

Revisiting trades above the upside hindrance of 250 region would help prices gain further. Failed to move past above the same may eventually push prices lower.

LEAD

Prices have been approaching towards the upside hindrance of 179 region. Which if breaks could expect prices to inch higher . Else hold the same for prices to scale lower.

ALUMINIUM

Ensuing buying sentiments likely to stretch higher in the coming session. Even in this buying sentiments, a direct fall below 206.80 may squeeze down prices lower.

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