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Gold Mini Aug/ LBMA Spot Gold

Volatility inside a tight range remains on the cards initially but breaking either the sides of $1745-1800 regions would suggest fresh short term direction to the commodity. MCX GoldM Jul Res: 47600 Support: 46650.

Silver Mini Aug/ LBMA Spot Silver

Inability to move past $25.20 there are chances of recovery upticks in the counter. However major rallies are denied unless breaking the resistance of $27.50. A direct drop below $25 is s a short term selling signal. Silver Mini Aug: Res at Rs 71600. Sup: 66200

Copper Jul

If the support of 714 remain hold, there are chance of recovery upticks for the day. A direct drop below 692 is a reversal signal.

Nickel Jul

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

Lead Jul

A direct rise above 182 would take prices further higher. Else, there are chances of copy trading for the day.

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

Outlook continue to be bullish as long as the support of $73.30 remain hold the downside. Next upside obstacles are placed at $77 followed by $82. Immediate turnaround point is placed at $69.50. MCX Jul: Res at Rs 5680 / Support: Rs 5340.

Natural Gas Jul

Expect rallies to continue as long as the support of 265 hold the downside. A direct drop below 258 would trigger corrective selling.

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