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Gold Mini Jun/ LBMA Spot Gold

Consistent trades above $1880 is required to continue the buying momentum for the day. Else, there are chances of corrective selling but major downside reversal is seen only a break of $1810. MCX GoldM Jun Res: 49400 Support: 47200.

Silver Mini Jun/ LBMA Spot Silver

A direct break of $30 is needed to trigger further bullish waves in the counter. Otherwise a choppy with negative bias trading is likely with immediate supports are seen at $25.60 then 23.80 levels. MCX SilverM Jun: Res at Rs 74800. Sup: 70150.

Copper May

Further rallies can be seen only a break above 788. Else, there are chances of choppy with corrective selling bias for the day.

Nickel May

Liquidation pressure may continue while prices stay below 1300. Further rallies are seen only a break of 1340.

Lead May

Consistent trades above 178 is required to continue the bullish momentum. Else, there are chances of corrective selloffs for the day.

Zinc May

Inability to break the immediate resistance of 236 there are chances of selling pressure for the day.

Aluminium May

As long as the support of 188 remain hold the downside, expect recovery upticks for the day. A direct drop below the same would extend liquidation pressure.

MCX Crude Oil May/NYMEX Crude Jun

There are chances of liquidation pressure to continue as long as prices unable to break the resistance of $67. Anyhow, reversal of the current momentum is seen only a break of $57. MCX Jun: Res at Rs 4460 / Support: Rs 4735.

Natural Gas May

Break below the support of 212 would extend weak momentum. Else, there are chance of recovery upticks for the day.

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