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Gold Mini Mar/ LBMA Spot Gold

Recovery upticks may continue while 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: 47450 Support: 45300

Silver Mini Apr/ LBMA Spot Silver

While prices stay above $28 upticks likely to continue the day. A direct fall below $26 could negate the mild positive outlook and take prices lower. MCX Silver Apr: Res at Rs 72800. Sup: 68400.

Copper Mar

As long as prices stay above 685 bullish outlook would extend the day as well. Downside reversal point is seen at 640.

Nickel Mar

Corrective selloffs are likely if 1440 remains caps the upside. Downside reversal point is placed at 1340.

Lead Mar

Resistance of 174 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

Bullish outlook may extend as long as 170 hold the downside. Trend reversal is seen at 166.

MCX Crude Oil Mar/NYMEX Crude Mar

Bullish outlook remain intact as it hold the downside support of $62. Anyhow, next major upside objects are seen at $64 followed by 67 levels. A direct drop below $57 is a reversal signal. MCX Mar: Res at Rs 4520 / Support: Rs 4258.

Natural Gas Feb

As prices consistently trade below 218 expect weak bias to continue in the counter. Further rallies are seen only a break of 223.

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