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BULLION

GOLD

Prices likely to remain volatile with positive bias in the intraday. Corrective dips may find support near 51200 region below which prices may appear weaker. Else, rebounds may be seen in the upcoming session.

SILVER

Determined trades above 68600 could boost up prices further higher. Inability to achieve such trades may gradually drive prices lower to 67000 or even lower.

ENERGY

CRUDEOIL

Broad buying still on cards but need to sustain above 8400 to trigger fresh buying. Else could expect prices to trade volatile with mild weakness.

NATURAL GAS

Ensuing buying sentiments largely to continue in the session ahead. On the flipside, a direct fall below 354 may be sign of intraday weakness in the later session.

BASE METALS

COPPER

If prices remain above 786 region could anticipate present buying to persist. Even in this bullish outlook, a vertical fall below the same may grab prices lower.

NICKEL

Next phase of intraday buying may withstand only by decisive trades above 1970 region. Which if remain undisturbed may call a mild long liquidation move in the later session.

ZINC

Bullish outlook likely to remain intact and room for further gains. But a long liquidation move which settle below 317.80 may be sign of intraday weakness.

LEAD

If prices remain above 188 region could expect prices to continue its buying sentiments towards the 192. But a corrective fall below 188 may dent our buying expectation.

ALUMINIUM

Broad bullish sentiments largely to stretch higher towards the upside objective of 289 or even higher. But a corrective fall below 282.60 may temporarily push prices lower.

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