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Gold Mini May/ LBMA Spot Gold

Immediate resistance of $1760 should broken to continue upticks for the day. Else, there are chances of corrective selling but stiff support is placed at $1680, breaking the same likely to extend the momentum. MCX GoldM May Res: 47080 Support: 44600.

Silver Mini Apr/ LBMA Spot Silver

Breaking the immediate resistance of $25.30 would take prices higher towards $26.50 or more. Else, expect a choppy with mild negative bias trading for the day. Major weakness is seen only a break of $23.80. MCX SilverM Apr: Res at Rs 67850. Sup: 64220.

Copper Apr

Outlook remain on the positive side while prices stay above 678. Immediate downside turnaround point is seen at 657.

Nickel Apr

Rallies likely to continue as long as prices stay above 1205. Further weakness is seen only a break of 1180.

Lead Apr

f the support of 163 remain undisturbed, expect positive bias to continue the day. Weakness is seen only a break of 159.

Zinc Apr

Bullish outlook remain intact as long as prices stay above 222.However a direct turn below 213 is a signal of weakness.

Aluminium Apr

Prices continue to stay firm as long as it hold the support of 179. immediate downside turnaround point is placed at 173.

MCX Crude Oil Apr/NYMEX Crude Apr

A choppy trading inside $62-57.50 levels are likely and breaking any of the sides would suggest fresh direction to the commodity. MCX Apr: Res at Rs 4540 / Support: Rs 4180.

Natural Gas Apr

A direct rise above 190 would extend buying sentiments for the day. Else, there are chances of choppy with negative bias trading.

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