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BULLION

GOLD

Witnessing bullish sentiments may resume towards 52570 or even more. But in this bullish outlook, a long liquidation move which slip below 51490 may gradually push prices lower.

SILVER

Broad buying still intact and likely to uphold in the session ahead towards the upside objective of 69400 or even to 70000. Although a direct fall below 67200 may dent our buying expectation.

ENERGY

CRUDEOIL

Dominant buying sentiments still have room for gains and possibly to gain towards 7550 or even higher. But a long liquidation move which slip below 7270 may be sign of mild weakness.

NATURAL GAS

Current bullish move may further extend in the session ahead towards 375 firstly followed by 384 region. But a direct fall below 357 may dent our buying sentiments.

BASE METALS

COPPER

Prices have been nearing towards the upside hindrance of 777 region, which if breaks could boost prices further higher. Failed to challenge above the same may grab prices lower.

NICKEL

Present bullish trend possibly to progress further towards the upside objective of 1938/1955. Although for intraday, a corrective fall below 1902 would be a downside intraday turn around level.

ZINC

Witnessing buying sentiments largely to extend as prices sustained above 300 region. But a corrective fall below 299.60 may dent intraday buying expectation

LEAD

A major buying may trigger only by decisive trades above 187.30 region. Failed to mark such trades may eventually push prices lower in the later session.

ALUMINIUM

Present bullish sentiments likely to uphold towards 279 or even higher. But a corrective fall below 272 may be sign of intraday weakness

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