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Gold Mini Aug/ LBMA Spot Gold

Intraday volatility remains on the cards initially, but a direct break of $1745 is required to trigger another round of long liquidation pressure. An unexpected rise above $1795 may negate the view and take prices higher. MCX GoldM Jul Res: 47600 Support: 46650.

Silver Mini Aug/ LBMA Spot Silver

Prices remain choppy inside the tight range of $26.40-25.20 levels initially and breaking any of the sides would suggest fresh direction to the commodity. Silver Mini Aug: Res at Rs 70800. Sup: 66200.

Copper Jul

Intraday momentum continue with negative bias as long as it stays below 730. Further major liquidation is seen only a break of 692.

Nickel Jul

Break above 1383 is needed to continue rallies. Else, there are chances of choppy trading for the day

Lead Jul

Weak bias likely as long as 182 remains caps the upside. Stiff support is placed 176.

Zinc Jul

Break above 243 is required to continue further rallies. Else, there are chances of choppy trading for the day.

Aluminium Jul

Bullish outlook to continue while prices stay above 197. Weakness is seen only a close below 193.

MCX Crude Oil May/NYMEX Crude July

Bullish rallies to continue if the support of $73.30 remain hold the downside. Next resistances are placed $77 followed by $82. Immediate turnaround point is placed at $69.50. MCX Jul: Res at Rs 5680 / Support: Rs 5340.

Natural Gas Jul

Bullish outlook likely to continue if the 262 support remain hold the downside. A direct drop below 258 likely for a corrective selling

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