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BULLION

GOLD

Intraday move is expected to be southbound if prices stay below 51170 region. But solid trades which sustain above the same may ignite fresh buying.

SILVER

Intraday weakness may be seen only by decisive trades below 61900 region. Which if remain undisturbed could boost prices higher towards 63000.

ENERGY

CRUDEOIL

Prices still have room for gains and possibly to stretch towards 9070 or even more. But a corrective fall which dip below 8920 may be a sign of intraday weakness.

NATURAL GAS

Reclaiming trades which settle above 695 may be a sign of fresh buying in the session ahead. Failed to achieve such trades may bid a long liquidation move.

BASE METALS

COPPER

If prices remain above 775 region could expect prices to extend previous session buying towards 783 or even higher to 787. Although a corrective fall which claim below 775 may push prices lower.

NICKEL

Weakness may persist further towards the downside objective of 2070 or even lower. But a rebounding trades which settle above 2180 could lift prices higher

ZINC

Ensuing buying sentiments largely to uphold towards 339 or even higher. Even in this bullish picture, a corrective fall below 333.60 may grab prices lower.

LEAD

Prices have been approaching towards the upside hurdle of 186.40 region. Which if break could boost prices higher to 188 region. Botched attempt to crack above 186.40 may grab prices lower.

ALUMINIUM

Ensuing buying sentiments likely to continue towards the upside objective of 245 or even higher. But a corrective fall below 242.20 may dent our buying expectation.

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