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BULLION

GOLD

Prices likely to consolidate within the trading range of 47720-48000. A determined trades which sustain above or below the mentioned region to setoff fresh directional move in the later session.

SILVER

Intraday weakness may be seen only below 61620 region. Else hold the same for prices to turn higher in the upcoming session towards 62800 or even higher

ENERGY

CRUDEOIL

Ensuing buying sentiments possibly to uphold in the session to come towards the upside objective of 6385 firstly followed by 6460 region. A corrective fall below 6235 may be a sign of intraday weakness.

NATURAL GAS

Intraday move is expected to be northbound towards the upside objective of 326 followed by 334. A direct fall below 309 may be a sign of intraday weakness.

BASE METALS

COPPER

Intraday weakness may trigger only by decisive trades below 738 region. Inability to mark such trades could boost prices to 749 or even more.

NICKEL

Established buying sentiments may extend in the session to come if prices remain above 1640 region . Although, a vertical fall below 1638 may entice intraday long liquidation move towards 1620 or even lower.

ZINC

Present buying sentiments largely to uphold in the session to come. Even in this positive sentiments, a surprise fall below 288 may dent our buying expectation.

LEAD

Intraday weakness may be seen only below the downside support of 187.80 region. Which if remain untouched could expect prices to trade higher in the later session.

ALUMINIUM

Ensuing bullish momentum may stretch higher if prices remain above 237.60 region. But a corrective fall below the same may eventually push prices lower.

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