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BULLION

GOLD

Determined trades above the upside hurdle of 52000 may induce fresh buying in the session ahead. Inability to mark such trades may eventually push down prices lower.

SILVER

Prices likely to consolidate within the trading range of 68000-66500. A firm move which breaks either side of the aforesaid region may set off fresh directional move.

ENERGY

CRUDEOIL

Present recovery move may withstand only by winning trades above the upside hurdle of 7780 region. Inability to crack above the same may grab prices lower to 7480 region

NATURAL GAS

Previous session buying sentiments largely to continue towards the upside objective of 439 or even higher. A corrective fall below 423 may be a sign of long liquidation.

BASE METALS

COPPER

By breaking off the upside hurdle of 822 could boost up prices higher. But there is equal plausible chance of a corrective fall if prices failed to achieve such trades in the evening session.

NICKEL

Prices need to challenge above the upside hurdle of 2600 to persist broad buying. Which if remain untouched could expect prices to extend long liquidation in the later session

ZINC

Witnessing buying sentiments possibly to stretch higher in the session ahead. Even in this positive outlook, a corrective fall below 346 may be a sign of intraday weakness

LEAD

Ensuing buying sentiments likely to uphold towards the upside objective of 189.20 or even higher. But a corrective fall below 185 would be a sign of weakness.

ALUMINIUM

If prices remain above the downside hurdle of 280 region could expect prices to trade higher. But a corrective fall below the above-mentioned region may be sign of further weakness.

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