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Gold Mini Jun/ LBMA Spot Gold

Trades expected to be within $1843-1808 levels, and breaking either of the sides would suggest further directional move to the commodity. However, major resistances are placed at $1860 followed by $1874. A direct drop below $1758 is a major reversal signal. MCX GoldM Jun Res: 48480 Support: 46360.

Silver Mini Jun/ LBMA Spot Silver

Prices expected to find support near $26.50 region. Rebounds may be seen holding the same level. MCX SilverM Jun: Res at Rs 73500. Sup: 68600.

Copper May

Prices may rebound in the intraday if the support at 776 is held. Whereas, a correction can be seen only a direct close below 768.

Nickel May

Prices expected to trade sideways. Major selling is expected below 1236 is region to extend selling pressure.

Lead May

Rebounds may sustain if prices trade above 174 level. Else, there are chances of corrective selloffs for the day.

Zinc May

Sustained trades below 233 may trigger weakness in the intraday. A break above the same can strengthen prices.

Aluminium May

Expect recovery moves above 197.80 region for the day. A direct drop below 192 is a weak signal.

MCX Crude Oil May/NYMEX Crude May

Prices may appear weaker below $63 region. Holding the same level, rebounds also may be witnessed. MCX May: Res at Rs 4980 / Support: Rs 4620.

Natural Gas May

If prices clear the resistance of 222 level sharp rallies can be seen towards 228 or more. An unexpected drop below 211 is a short term bearish signal.

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