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BULLION

GOLD

Fall below the downside hindrance of 47770 could trigger fresh selling in the upcoming session. Else could anticipate an intraday recovery move by holding 47770 towards 48150 then to 48480.

SILVER

Slippage below 62250 may gradually push prices lower in the upcoming session. Inability to construct such trades may lift prices higher in the later session.

ENERGY

CRUDEOIL

Witnessing buying sentiments may prolong towards 5770 or even more. Even in this positive sentiments, a corrective dip which settle below 5640 may be a sign of intraday weakness.

NATURAL GAS

Ensuing price recovery move may persist during the evening session. Although a corrective dip below 291 may dent our buying sentiments.

BASE METALS

COPPER

Previous session buying sentiments possibly to uphold in the session to come. A vertical fall which claim below 748 may be sign of intraday weakness.

NICKEL

Prices still have room for gains and possibly to stretch towards 1562 initially or even more to 1574. On the flipside, a surprise fall below 1545 may push prices lower.

ZINC

By breaking off the upside hurdle of 292.40 could trigger fresh buying. Else hold the same for a long liquidation move in the later session.

LEAD

Determined trades above 187.80 may be sign of further buying in the session to come. Failed attempt to mark trades above the same may eventually push prices lower 185.70 or even lower.

ALUMINIUM

Intraday buying may trigger only by decisive trades above 229.50 region. Inability to challenge above the same may be sign of downside corrective move to 226.

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