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Gold Mini Mar/ LBMA Spot Gold

Weak bias may extend as long as prices stay below the support of $1760. A direct turn above $1820 is required to negate the view and take prices higher. Gold mcx Mar: Res at 47080. Sup: 44800.

Silver Mini Apr/ LBMA Spot Silver

Intraday trend remains choppy with mild positive as long as it stays above $26. An unexpected drop below $24 is a signal of reversal of the momentum. MCX Silver Apr: Res at Rs 72200. Sup: 67600.

Copper Mar

While prices stay above 700 bullish rallies would extend in the counter. Immediate reversal point is seen at 692.

Nickel Mar

Prices required to break 1410 to continue rallies. Else, there are chances of corrective selling pressure.

Lead Mar

Expect a choppy with negative bias trading as long as 172 caps the upside. A direct drop below 165 is a reversal signal.

Zinc Mar

Prices continue to be choppy with mild positive bias. Anyhow downside reversal point is seen at 218.

Aluminium Mar

Positive bias will intact as long as prices stay above 174. Weakness is seen only a close below 169.50.

MCX Crude Oil Mar/NYMEX Crude Mar

Inability to break the support of $62 bullish outlook remain intact in the counter. Anyhow, next major upside obstacles are seen at $64 followed by $67 levels. A direct drop below $57 is a reversal signal. MCX Mar: Res at Rs 4682 / Support: Rs 4460.

Natural Gas Feb

Inability to break the support of 199 expect recovery upticks for the day. A direct drop below 195 is a weak signal.

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