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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

Prices may edge higher as long as the support of $97 remain undisturbed. However, there is a stiff resistance is placed at $108.

Gold KG Jun

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

A range bound trade is remain on cards. Consistent trades above Rs 7400 is a sign of major weakness else, there are chances of upside recovery.

Natural Gas Apr

Outlook continue to be positive as long as the support of Rs 415 restrict further downside. A direct drop below the same is a weak signal.

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

A tight trade inside Rs 360-350 levels are initially expected. Breaking any of the sides would suggest further short term direction.

Lead Apr

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

Aluminium Apr

Inability to break Rs 278 there are chances of recovery upticks. Else, it may broadly range bound for the day.

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