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Gold

LBMA Spot

Choppy with mild positive bias expected initially. Anyhow, breaking the resistance of $1830 would trigger fresh rallies in the counter.

Silver

LBMA Spot

Bearish outlook remains on cards as long as the resistance of $23.50 remains caps the upside. Anyhow major support is seen at $21.20.

Crude Oil

NYMEX

Outlook remains positive as long as the support of $76.50 restrict downside moves. Major resistance is placed at $81.50.

Gold

KG Feb

If Rs 47200 continue to hold the downside, expect upticks to continue the day.

Silver

KG Mar

A direct drop below Rs 59400 would drift prices further lower. Else, there are chances of recovery upticks for the day.

Crude Oil

Jan

Bullish outlook would extend as long as prices stays above Rs 5760. Immediate downside reversal point is at Rs 5520.

Natural Gas

Jan

Expect a gap up opening and the momentum may continue the day. Break below the support of Rs 278 would negate the view and take prices lower.

Copper

Jan

Choppy trading with negative bias expected initially. However, a direct break of Rs 730 would take prices further lower.

Nickel

Jan

A direct break of Rs 1520 is a weak signal. Else choppy with recovery upticks are on cards.

Zinc

Jan

Breaking Rs 294 is needed to continue rallies. Else, there are chances of corrective selling pressure.

Lead

Jan

Consistent trades above Rs 188 is required to trigger fresh rallies. If unable to so, prices may correct lower in near future.

Aluminium

Jan

Inability to move past Rs 232 there are chances of corrective selling pressure. A direct break below Rs 223 is a sign of major liquidation pressure.

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