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BULLION

GOLD

Prices need to sustain above 51250 region to initiate fresh buying in the session ahead. Otherwise, could bid further corrective move towards the downside objective of 50820.

SILVER

Major price rally may trigger only by determined trade above 62500 region. Inability to mark such trades may expect consolidation with negative trades.

ENERGY

CRUDEOIL

By breaking off the upside hindrance of 8720 region could cajole fresh buying in the session ahead. Failed to challenge above the same may dent intraday buying sentiments.

NATURAL GAS

Established buying sentiments largely to uphold towards the price objective 702 or even higher. Even in this bullish sentiments, a corrective dip below 669 may be a sign of long liquidation.

BASE METALS

COPPER

Intraday price recovery may be seen only by decisive trades above 775 region. Which if remain undisturbed could expect prices to prolong present weakness.

NICKEL

Current feebleness of prices may extend towards 2270 or even lower. But refurbish trades which claim above 2370 may gradually push prices higher.

ZINC

As long as prices stay below 322 region could expect weakness to persist. On the other hand, recovery trades which sustained above the same could lift prices higher.

LEAD

As long as prices stay below 183.60 region could expect weakness to continue. But retreating trades which sustain above 183.60 may induce fresh buying in the session ahead.

ALUMINIUM

Weakness may stretch lower in the session ahead towards the downside objective of 236.60 or even lower to 234. But recovery trades above 241.30 region could lift prices higher

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