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Gold LBMA Spot

Steady with positive bias expected as long as the support of $1900 hold the downside. Major resistance is seen at $1965 while further liquidation pressure is seen only a close below $1890.

Silver LBMA Spot

Recovery momentum is on cards initially. However, consistent trades below $24 is an early sign of selling pressure.

Crude Oil NYMEX

While prices stays above $98 there are chance of recovery momentum for the day. Major support is placed at $93. Consistent trades below the same would correct prices further.

Gold KG Jun

While prices stays above Rs 52000 there are chances of recovery momentum to continue. Trend reversal point is placed at Rs 49000.

Silver KG May

Prices remains held choppy with mild positive. However, manor upside turnaround point is seen at Rs 68000.

Crude Oil Apr

Corrective selloffs are expected only a break of Rs 7300. Else, expect a choppy trading session for the day

Natural Gas Apr

Outlook continue to be positive as long as the support of Rs 438 restrict further downside. A direct drop below the same is a weak signal.

Copper Apr

If prices are unable to break Rs 825 expect recovery rallies for the day. Anyhow major support is placed at Rs 788.

Nickel Apr

Prices remain range bound inside Rs 2300-2600 levels and breaking either the sides would suggest fresh short term directions.

Zinc Apr

Short term outlook remain positive while prices stays above Rs 360. A direct drop below Rs 343 is a weak sign.

Lead Apr

A direct drop below Rs 180 further liquidation pressure is in cards. Else, range bound with mild positive bias expected the day.

Aluminium Apr

Choppy with mild positive momentum expected the day.

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