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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. Anyhow, prices have more room to break $1800 and edge prices higher for the day. MCX GoldM Aug Res: 49300 Support: 47030.

Silver Mini Aug/ LBMA Spot Silver

As long as the support of $25.20 hold downside, 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

Intraday bias likely to be choppy but a break of 243 would trigger further bullish rallies in the counter.

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 $74.40 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 5765 / Support: Rs 5480.

Natural Gas Jul

Positive outlook to continue as long as the support of 272 remain hold the downside. Immediate downside reversal is seen only a break of 264.

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