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BULLION

GOLD

A corrective fall below 47680 may be sign of intraday weakness. Inability to mark such trades may entice fresh buying towards the price objective of 48100.

SILVER

Price consolidation still progressing. However, for intraday, if prices remain above 61500 could lift prices towards 62800. But slippage below 61500 may eventually push prices lower to 60700.

ENERGY

CRUDEOIL

Broad buying still intact and possibly to stretch higher. But an unexpected fall which reclaim below 5620 may squeeze down prices lower.

NATURAL GAS

If prices remain above 279 region could anticipate recovery towards 305. But a vertical fall through 279 may bid further weakness in the upcoming session.

BASE METALS

COPPER

If prices remain above the downside support of 739 could expect a short covering move towards 752. But fall past below 739 may anticipate further weakness on the commodity.

NICKEL

Witnessing buying sentiments largely to continue in the upcoming session towards the upside objective of 1584 or even more. But a corrective fall which claim below 1563 may squeeze down prices lower.

ZINC

Present buying sentiments possibly to strengthen towards the price objective of 291 or even higher. On the flipside, a corrective fall below 286 may grab prices lower

LEAD

Intraday weakness may be seen only below 185.70 region. Which if remain undisturbed could expect prices to trade higher in the upcoming session.

Aluminium

Prices still have room for gains and possibly to stretch towards the price objective of 227 or even more. But a corrective fall below 224.60 may push prices lower

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