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Gold LBMA Spot

Recovery upticks can be seen initially. However major resistance is seen at $1965. Further liquidation pressure is anticipated only a close below $1890.

Silver LBMA Spot

Choppy trades remain on cards. A direct drop below $24 is an early sign of selling pressure. Else, a mild uptick is possible for the day.

Crude Oil NYMEX

Inability to move past $108 there are chances of selling pressure for the day. However, next major support is seen at $95.

Gold KG Apr

Prices most likely congested inside Rs 50300-52000 levels and breaking either the sides would suggest fresh short term direction.

Silver KG May

Choppy with mild negative bias expected. Immediate upside turnaround point is seen at Rs 68000.

Crude Oil Apr

Expect weak bias to continue the day. Consistent trades above Rs 8000 is a reversal sign.

Natural Gas Apr

Outlook continue to be choppy with mild positive. A direct drop below Rs 415 would negate the view and take prices lower.

Copper Apr

Expect a choppy trading inside Rs 810-835 is likely for the day. However, breaking any of the sides would suggest fresh short term direction

Nickel Apr

Chances of a upside turn around in prices as long as the support of Rs 2000 hold downside. Unexpected drop below the same weakness would continue.

Zinc Apr

Positive momentum may continue the day. However, a direct drop below Rs 339 is a weak signal.

Lead Apr

Consistent trades below Rs 180 would trigger further liquidation. Else, there are chances of recovery upticks for the day

Aluminium Apr

While prices stays below Rs 285 would extend selling pressure. Recovery moves are seen only above Rs 292.

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