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BULLION

GOLD

Intraday sentiments seem to be weaker and possibly stretch lower. But rise above 46880 would be a sign of rebounds.

SILVER

Intraday move largely to southbound if prices remained below the 69700 region. But retreating trades above the same could boost up prices higher.v

ENERGY

CRUDEOIL

Intraday move largely to be in the trading range of 4600-4740. A firm move which breaks either side of the mentioned region could set the directional move.

NATURAL GAS

Early pullbacks could be expected. But need to challenge below the downside hurdle of 215 for a downside corrective move. Other wise could anticipate broad buying to continue.

BASE METALS

Copper

Technical Commentary Decisive trades above the 759 would be sign of further price gain in the coming session. Botched efforts to mark such trades could squeeze down prices lower.

NICKEL

Consecutive days of gains likely to withstand as long as prices remained above the downside hurdle of 1272 region. But an unexpected fall through the above mentioned region could squeeze down prices lower.

BASE METALS

Zinc

Broad buying still intact and likely to persist in the upcoming session. However, a sudden fall which settled below the 232.40 may bid a corrective downside move.

Lead

Witnessing buying sentiments possibly to uphold in the coming session. In this positive note, dip below the downside obstacle of 171.50 may bid a long liquidation move.

BASE METALS

Aluminium

Next stage of buying may be seen only above the upside hurdle of 195.50 region. Inability to challenge above the same may push prices lower in the later session.

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