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Gold LBMA Spot

Choppy trading expected inside $1900-1855 levels initially, and breaking any of the sides would suggest fresh short term direction.

Silver LBMA Spot

A direct break of $22 would continue selling pressure for the day. Inability to do so may see recovery upticks

Crude Oil NYMEX

Inability to break the support of $104 would continue rallies for the day. A direct break of the same is a weak signal.

Gold KG Jun

Choppy with mild negative bias expected initially. However, a direct drop below Rs 50600 would trigger sharp selling pressure.

Silver KG May

While prices stay below Rs 63000 there are chances of liquidation pressure to continue. A direct rise above Rs 65000 is a short term reversal signal.

Crude Oil May

Consistent trades above Rs 8250 it may continue rallies. A close below Rs 7800 is a weak signal.

Natural Gas May

Bullish outlook remains on cards if prices hold the support of Rs 630. Direct drop below Rs 595 is a corrective selling signal.

Copper May

Expect choppy with recovery upticks if Rs 752 hold the downside. However major resistance is seen at Rs 812.

Nickel May

Prices remain range bound inside Rs 2300-2600 levels and breaking either the sides would suggest fresh short term directions.

Zinc May

Inability to move Rs 340 there are potential downside. A direct rise above the same is a positive signal

Lead May

A direct rise above Rs 186 would take prices higher. Else, weak bias to continue the day.

Aluminium May

As long as prices stay below Rs 255 weak bias to continue the day. A direct rise above Rs 260 is a positive sign.

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