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BULLION

GOLD

Major price recovery may withstand only by determined trades above 50420 region. Failed attempt to mark such trades may bid further weakness in the session ahead.

SILVER

Broad weakness still intact, but an unexpected rise above 59800 would be a sign of intraday price recovery.

ENERGY

CRUDEOIL

As long as prices stay above the downside hurdle of 8190 could expect further gains. A corrective fall below the same may dent our buying expectation.

NATURAL GAS

Present buying sentiments likely to uphold in the session to come toward 618 or even higher. On the flipside, a corrective fall below 588 may be sign of intraday weakness

BASE METALS

COPPER

Intraday weakness may trigger only by tangible trades below 738 region. Which if remain untouched could trigger fresh recovery move in the later session.

NICKEL

Prices seen under pressure and possibly to continue broad weakness towards the downside objective of 2090 or even lower. But decisive trades above 2210 could lift prices higher.

ZINC

If price remain below 307 region could expect present weakness to continue in the upcoming session. But there is equal plausible chance of price recovery if prices reclaim above 308.

LEAD

Current feebleness of prices possibly to extend lower towards the downside objective of 179 or even lower. Even in this bearish expectation , a surprise rise above 181 may dent our weak bias.

ALUMINIUM

By breaking off the downside hurdle of 228 region could extend weakness in the upcoming session. Else hold the same for prices to rebound higher.

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