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BULLION

Gold

Major buying may be seen only by significant trades above the upside obstacle of 49300 region. Failed to reach above the same may gradually push prices lower in the coming session.

SILVER

Prices possibly to trade within the trading range of 72300-71100. A firm move which challenge either side of the mentioned region could set off fresh directional move.

ENERGY

CRUDEOIL

Broad buying still intact and possibly extend further higher. On the flipside, an unexpected fall below 4830 may be a sign of intraday weakness.

NATURAL GAS

Reclaiming trades above the immediate hindrance of 222 would trigger a major buying in the coming session. However, fall past below the same may squeeze down prices lower.

BASE METALS

Copper

Ensuing buying momentum may persist as long as prices float above the downside obstacle of 767 region. Although a direct fall through the same may be a sign of intraday weakness.

NICKEL

Present technical formation and indicators suggest for further buying in the coming session. In this buying picture, ac corrective dip below 1317 may dent our intraday buying expectation.

ZINC

By marking trades above the 239.20 could trigger intraday buying in the coming session. Else hold the same for a downside corrective in the later sessions.

LEAD

Decisive trades above the immediate hurdle of 173 could boost prices higher. Inability to challenge above the same may squeeze down prices lower.

ALUMINIUM

Present buying sentiments possibly to extend in the coming session as long as prices remained above 195.70 region. Although a sudden fall below the same may grab prices lower.

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