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Gold Mini Apr/ LBMA Spot Gold

Expect choppy with negative bias trading initially as prices stay below $1745. Meanwhile major downside momentum is seen only if it breaks below $1660. Further upticks are seen only a break of $1760. MCX GoldM Apr Res: 45780 Support: 44120.

Silver Mini Apr/ LBMA Spot Silver

Inability to move past $26.50 expect corrective selloffs for the day. However, a direct drop below $25 is a sign of major liquidation pressure. MCX Silver Apr: Res at Rs 68840. Sup: 65300.

Copper Mar

If 665 remain hold the downside, expect recovery rallies today. Meanwhile, a direct break of 658 is a sign of weakness.

Nickel Mar

Support of 1140 needs to be cleared for continuation of selling pressure. Else, there are chances of recovery upticks for the day.

Lead Mar

Further selloffs are seen only a break of 157. Else, there are chances of recovery upticks for the day.

Zinc Mar

Expect a choppy with negative bias as long as prices stay below 220. Recovery rallies may be seen only a break of 224.

Aluminium Mar

Prices required to break 176 to continue rallies. Else, there are chance of corrective selling pressure.

MCX Crude Oil Mar/NYMEX Crude Mar

While prices stay below $62 expect corrective selloffs to continue the day with stiff support is placed at $58. A direct drop below the same would extend further liquidation pressure. An unexpected rise above $64 is a bullish signal. MCX Mar: Res at Rs 4670 / Support: Rs 4320.

Natural Gas Mar

Expect weak trading to continue as long as prices stay below 188. A close above 195 is a signal of reversal.

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