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BULLION

GOLD

Intraday weakness may activate only by decisive trades below the downside hurdle of 48860 region. If the above-mentioned region remain undisturbed could boost prices higher.

SILVER

Broad buying still intact and possibly gain pace in the upcoming session if prices stay above 66100. But there is equal plausible chance of a corrective fall if prices slip below 66100.

ENERGY

CRUDEOIL

Intraday weakness may find momentum only below 5970 region. Failed to challenge below the same may be a sign of fresh buying in the session to come.

NATURAL GAS

Present feebleness of prices may not find momentum if prices stay above the downside hurdle of 368 region. Inability to claim below the same may induce fresh recovery move.

BASE METALS

COPPER

Present selling sentiments may stretch lower as long as prices stay below 728 region. But recovery trades above the same may lift prices back to previous session highs.

NICKEL

Intraday move is largely to be south bound and possibly to test 1485 or even lower to 1460 region .But recovery trades 1516 could negate our bearish expectation.

ZINC

Witnessing weakness mostly to continue in the session to come if prices stay below 269 region. Although recovery trades above the same could lift prices higher.

LEAD

Present long liquidation move likely to stretch lower in the upcoming session. Even in this bearish sentiments rebounding trades above 189.20 may be a sign of price recovery.

ALUMINIUM

Weakness may persist in the upcoming session if prices remain below 206.10 region. But determined trades above the same could lift prices higher in the later session.

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