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Gold Mini May/ LBMA Spot Gold

Inability to break the immediate support of $1760 there are chances of recovery upticks which may lead prices towards $1820 or more for the day. At the same time, an unexpected drop below $1725 is a bearish signal. MCX GoldM May Res: 48240 Support: 46200.

Silver Mini Apr/ LBMA Spot Silver

A direct rise above $26.50 would extend the buying momentum towards $28 or more. Else, there are chances of corrective selling, but major downside reversal point is placed at $23.80. MCX SilverM Apr: Res at Rs 71600. Sup: 66800.

Copper Apr

As long as 721 hold the downside, there are chances of recovery upticks. A direct drop below the same is a weak signal.

Nickel Apr

Inability to move past 1251 expect corrective downside for the day. A direct rise above 1275 is a major bullish signal.

Lead Apr

Expect rallies to continue towards 175 or more as long as 171 hold the downside. Immediate reversal point is placed at 168.

Zinc Apr

Expect a choppy trade inside 233-225 levels initially. Breaking any of the sides would suggest fresh direction to the metal for the day.

Aluminium Apr

A direct break below the support of 189 would take prices further downside. Else, bullish outlook remain intact in the counter.

MCX Crude Oil May/NYMEX Crude May

Inability to move past $63, intraday outlook likely to be choppy with negative bias. Anyhow, a direct break below $60 is needed to trigger weakness in prices. However, major downside reversal point is placed at $57. MCX May: Res at Rs 4820 / Support: Rs 4490

Natural Gas Apr

Positive outlook remain intact as long as prices stay above 196. Further weakness is seen only a close below 187..

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