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Gold Mini Mar/ LBMA Spot Gold

Recovery upticks are possible as it hold the stiff support of $1760. Anyhow, major resistance is placed at $1870. An unexpected drop below $1755 would be an early signal of major selling pressure. MCX GoldM Mar Res: 46900 Support: 45300

Silver Mini Feb/ LBMA Spot Silver

A direct break above $28 is required to continue further upticks. Else, may see weak bias for the day. However, a direct drop below $26 is a signal of immediate downside reversal. MCX Silver Apr: Res at Rs 70920. Sup: 66800.

Copper Feb

Bullish outlook would extend while prices stay above 670. Downside trend reversal point is seen at 640.

Nickel Mar

Prices may continue with bullish outlook as it placed above 1395. A direct turn below 1348 is a signal of corrective selling.

Lead Mar

Resistance of 172 may face immediate upside and expect a corrective selloffs. A direct rise above the same would extend rallies.

Zinc Mar

While prices stay above 225 expect rallies to continue the day. An unexpected drop below 220 is a signal of weakness.

Aluminium Mar

While above 168 bullish sentiments may extend towards 173 or even more. A direct drop below 167 may extend weak bias.

MCX Crude Oil Mar/NYMEX Crude Ma

Bullish outlook remain intact as it hold the downside support of $57. Anyhow resistance of $62is needed to break to extend the momentum towards $67 or more. MCX Mar: Res at Rs 4480 / Support: Rs 4220.

Natural Gas Feb

Broad trend remain on the positive side while it stays above 220. A direct drop below 212 is a reversal of signal.

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