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Technical Commentary

Gold LBMA Spot

Gold LBMA Spot Prices likely to edge higher as long as the support of $1815 remain undisturbed. A direct drop below $1750 is a weak signal.

Silver LBMA Spot

A direct break of $25 is needed to continue rallies. Else, there are chances of corrective selling pressure.

Crude Oil NYMEX

If unable to break $84 corrective selling is likely in the counter. Anyhow, breaking 79 is required to trigger major sell offs.

Technical Commentary

Gold KG Dec

Expect a choppy trading initially. A direct rise above Rs 48300 may take prices further highs.

Silver KG Dec

Break below 62500 would trigger further weakness in the counter. Inability to do so, can see recovery upticks.

Crude Oil Nov

Rallies above Rs 6200 would take prices further highs. Else, corrective selloffs likely for the day.

Natural Gas Nov

Prices remain choppy inside 438-387 levels and breaking any of the sides would suggest fresh direction of the commodity.

Copper Nov

If unable to break 731 expect a turnaround in prices. Else it may continue corrective selling.

Nickel Nov

A turnaround is possible as long as 1485 hold the downside. Consistent trades below the same is a weak signal.

Zinc Nov

A direct dip below 268 may take prices further lower. Else, expect a upturn in prices for the day.

Lead Nov

Further weakness may seen only a break of Rs 184. Otherwise, there are chances of recovery upticks.

Aluminium Nov

Weakness may continue while prices stay below 210. Anyhow, major support is seen at 196.

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