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BULLION

GOLD

Decisive trades above the upside hindrance of 48120 could boost prices towards higher. Failed to crack above the same may induce fresh selling in the upcoming session.

SILVER

Intraday move is largely to be northbound. Even In this positive outlook, an unexpected fall through the downside hindrance of 67700 may entice fresh selling in the coming session.

ENERGY

CRUDEOIL

Previous session weakness may further extend only below 5160 region. Which if remain untouched could expect prices to rebound higher in the upcoming session.

NATURAL GAS

Ensuing buying sentiments likely to extend in the coming session if prices stay above 298 region. Even in this positive expectation, a direct fall below the same may squeeze down prices lower.

BASE METALS

COPPER

Previous session weakness may persist in the coming session. But recovery trades above the 739 may be a sign of short covering move in the upcoming session.

NICKEL

Intraday buying may activate only above 1480 region with substantiate trades. Inability to mark such trades may be sign of further weakness in the upcoming session.

ZINC

If prices remain above the upside hurdle of 243.80 could expect prices to turn higher. In this positive note a direct fall below the same may dent our buying expectation.

LEAD

Prices likely to trade narrow within the trading range of 178-175.70 region. A firm move which breaks either side of the above-mentioned region could set the directional move.

ALUMINIUM

Prices likely to find support around 204.80 region to initiate next stage of buying move. But break below the same may bid fresh selling in the coming session.

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