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Gold Mini Jul/ LBMA Spot Gold

A volatile with mild negative trading session is likely as long as it stays below the support of $1915. Anyhow, major weakness is seen if it closes below $1845. Further recovery rallies are triggered only a direct break of $1920. MCX GoldM Jul Res: 49080 Support: 48020.

Silver Mini Jun/ LBMA Spot Silver

Inability to break the resistance of $30, intraday sentiment will turn into negative but stiff downside obstacle is seen at $26.80. A direct rise above $30 prices will regain positive momentum. Silver Mini Jun: Res at Rs 72800. Sup: 68200.

Copper Jun

As long as prices stay below 776 sentiment likely to be negative but breaking 730 is required to trigger continuation of weakness.

Nickel Jun

A direct break of 1300 would continue weakness. Else, prices may edge higher for the day.

Lead Jun

Prices likely to be choppy inside 173-169 levels initially and breaking any of the sides would suggest fresh directional moves.

Zinc Jun

Further rallies can be seen only a break above 243. Else, expect a choppy trading but major downside turnaround point is seen at 229.

Aluminium Jun

Weak bias likely to extend as long as 196 caps the upside. A direct rise above 198 would trigger further bull waves in the counter.

MCX Crude Oil May/NYMEX Crude Jun

Outlook continue to stay positive as long as prices stays above $67. Next resistances are seen at $72 then $78 levels. A direct break of $65 could negate the outlook and correct prices lower. Anyhow, major downside turnaround point is at $61. MCX Jun: Res at Rs 5240 / Support: Rs 4840.

Natural Gas Jun

If the 220 support remain hold the downside expect buying momentum to continue the day. Immediate downside reversal point is placed at 218.

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