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Gold Mini Apr/ LBMA Spot Gold

Prices continue to be on the bearish trap as long as it $1780 caps the upside. However, a direct drop below $1660 would trigger further liquidation pressure in the metal. Immediate upside turnaround point is seen at $1820. MCX GoldM Apr Res: 45420 Support: 43450.

Silver Mini Apr/ LBMA Spot Silver

A direct break above $26.50 is required to continue recovery upticks. Else, prices correct lower but breaking $23.40 would extend major bearish momentum. MCX Silver Apr: Res at Rs 68800. Sup: 64400.

Copper Mar

Inability to break the support of 665 intraday momentum likely to be on the higher side. However major rallies would seen if it break 708.

Nickel Mar

If 1160 hold the downside, expect recovery upticks for the day. Anyhow further weakness is seen only a break of 1140.

Lead Mar

Expect a choppy with negative trading as long as 164 caps the upside. A direct drop below 157 is an another round of selling signal.

Zinc Mar

A choppy trading is initially expected but breaking 222 to turn prices higher. Major support at 214.

Aluminium Mar

As long as 171 hold the downside, expect recovery rallies for the day. A direct decline below 169 would trigger major selloffs.

MCX Crude Oil Mar/NYMEX Crude Mar

Bullish outlook remain intact and the momentum would extend further as it hold the support of $63. Next upside obstacles are seen at $68 initially followed by $72/77 levels. A close below $58 is a signal of reversal. MCX Mar: Res at Rs 4880 / Support: Rs 4721.

Natural Gas Mar

Inability to break the support of 190 there are chances of recovery upticks for the day. Else, weak sentiment would continue in the counter.

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