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BULLION

GOLD

Intraday buying may withstand only by solid trades above 47960 region. Failed to activate such trades may eventually push prices lower in the upcoming session.

SILVER

Prices have been consolidating after recent downside corrective fall. Although for intraday, if prices remain above the downside obstacle of 61000 region could anticipate prices to trade higher.

ENERGY

CRUDEOIL

Ensuing buying sentiments likely to continue in the upcoming session .Even in this recovery sentiments, dip below 5290 may be sign of long liquidation move in the later session.

NATURAL GAS

Broad selling still intact and possibly to extend lower if prices stay below 295 region . Intraday price recovery may be seen only above the same.

BASE METALS

COPPER

Early dip could be possibly before initiating next stage of buying sentiments. However, a direct fall through 733 may be a sign of intraday weakness.

NICKEL

Prices still have room for gains and possibly stretch higher in the upcoming session. Even in this bullish sentiments a corrective fall below downside hindrance of 1550 may grab prices lower.

ZINC

Present recovery move likely to uphold in the upcoming session if price stay above the 271.40 region. But there is equal plausible chance of a downside corrective fall if prices slip below 271.40 region.

LEAD

Sturdy trades above the upside hurdle of 184.80 may be a sign of fresh buying in the upcoming session. Else hold the same for an intraday corrective fall.

ALUMINIUM

Intraday recovery move likely to uphold in the upcoming session if prices stay above 210 region. An unexpected fall below the same may squeeze down prices lower.

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