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BULLION

GOLD

Intraday buying may withstand only by tangible trades above 48210 region. Botched attempt to mark such trades may eventually push prices lower to 47840

SILVER

Intraday move largely to be northbound if prices stay above the downside hurdle of 61700 region and such bullish sentiments possibly to test 62900 or even more. Although a direct fall below 61700 may dent our buying expectation.

ENERGY

CRUDEOIL

Major price recovery may be seen by reclaiming trades above 5340 region. Failed to achieve such trades may gradually push prices lower to 5100 region.

NATURAL GAS

Present weakness may extend only by tangible trades below 279 region. Which if remain undisturbed could boost pries higher in the later session.

BASE METALS

COPPER

Determined trades above 746.50 would be a sign of fresh buying towards 751 or even more. Inability to sustain trades above the same may gradually squeeze down prices lower .

NICKEL

Prices likely to consolidate with mild negative bias. However, a direct rise through 1545 could boost prices higher in the later session.

ZINC

Present recovery move likely to be upheld towards the upside objective of 285 or even higher. Even in this positive sentiments, a surprise fall below 280 may dent our buying expectation.

LEAD

Witnessing buying sentiments possibly to stretch higher in the upcoming session as long as prices remain above 187 region. But a direct fall below the same may push price lower.

ALUMINIUM

If prices remain above the downside hurdle of 215.80 could boost prices higher in the later session. Although a surprise fall below the same may dent our buying sentiments.

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