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BULLION

GOLD

Present buying sentiments largely to withstand towards the price objective of 48560 firstly then to 48730. A vertical fall below 48240 may dent our buying expectation.

SILVER

By breaking off the upside hindrance of 65200 may boost prices further higher. Failed to mark such trades may bid a long liquidation move in the later session.

ENERGY

CRUDEOIL

Dips to 6320 could be possible before initiating further buying later in the session. Even in this positive picture, a surprise fall below 6280 may eventually push prices lower.

NATURAL GAS

If prices remain below 305 region could anticipate further weakness in the session to come. On the flipside, reclaiming trades above the same would be a sign of fresh buying in the upcoming session.

BASE METALS

COPPER

Major buying may be seen only by determined trades above 756.80 region. Botched attempt to make such move would be a sign of intraday weakness.

NICKEL

Broad bullish sentiments still intact and possibly to persist if prices remain above 1740 region. Although a surprise fall below the same may temporarily push prices lower.

ZINC

Present bullish sentiments likely to uphold in the session to come. However, a corrective fall which settle below 295.40 may dent our buying expectation.

LEAD

Consecutive days of weakness could stretch only by decisive trades below 185 region. Inability to activate such trades may lift prices to 188.40.

ALUMINIUM

Ensuing buying sentiments possibly to extend further to 244.40 or even higher . But a direct fall through 240.20 may bid fresh long liquidation move in the upcoming session.

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