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BULLION

GOLD

Present buying sentiments likely to stretch higher towards the price objective of 53100 or even higher. Although an unexpected dip below 52620 may dent our buying sentiments.

SILVER

Present buying sentiments largely to persist if prices remain above 68600.On the flipside side a corrective fall below the same may squeeze down prices lower in the later session.

ENERGY

CRUDEOIL

Intraday weakness may be seen only below the downside hurdle of 7520 region. Which if remain undisturbed could expect prices to trade higher towards 7830.

NATURAL GAS

Broad bullish sentiments likely to uphold towards the upside objective of 521 or even higher to 528. Even in this bullish trend, a corrective fall below 500 may dent our buying sentiments.

BASE METALS

COPPER

Intraday weakness may be seen only by tangible trades below 818 region. Failed to close below the same may retain present buying sentiments towards 827 or even higher.

NICKEL

Prices possibly to consolidate within the trading range of 2600-2300. Prices need to come out either side of the recommended region could set the directional move.

ZINC

Present bullish trend likely to uphold towards the upside objective of 379.20 or even higher to 382. But a corrective fall below 373 may bid a long liquidation move in the session ahead.

LEAD

Prices have been approaching towards the upside hindrance of 187.40 region. Which if breaks could lift prices higher, else could expect prices to trade choppy with mild negative bias.

ALUMINIUM

Determined trades which flourish above 272 would be sign of fresh buying in the session ahead. Inability to activate such trades may be a sign of intraday weakness to 266.

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