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Gold Mini Apr/ LBMA Spot Gold

Weakness likely to extend as long as prices stay below the support of $1760. Meanwhile, major liquidation pressure is seen only if it breaks below $1660. A direct rise above $1760 likely trigger recovery upticks and it may take prices towards $1820 or more. MCX GoldM Apr Res: 45250 Support: 44220.

Silver Mini Apr/ LBMA Spot Silver

If $26.50 remain caps the upside, expect corrective selloffs to continue the day as well. However, a direct drop below $25 is a sign of extension of the momentum. MCX Silver Apr: Res at Rs 67460. Sup: 64140.

Copper Apr

Inability to move past 680 liquidation pressure may continue with stiff support is placed at 665 followed by 640 later.

Nickel Apr

Support of 1140 needs to be cleared for continuation of selling pressure. Else, there are chances of a choppy trading for the day.

Lead Apr

Immediate resistance of 162 needs to be cleared for continuation of rallies. Else, expect weak trading session for the day.

Zinc Apr

Recovery upticks may continue if 217 continue to hold the downside. A direct break below 215 would trigger liquidation pressure.

Aluminium Apr

Choppy with negative bias may continue as long as prices stay below 176. A direct rise above 178 may reverse the trend.

MCX Crude Oil Mar/NYMEX Crude Apr

As long as prices stay below $62 expect corrective selloffs to continue with next support is placed at $56. A direct drop below the same would extend further liquidation pressure. An unexpected rise above $64 is a bullish signal. MCX Apr: Res at Rs 4518 / Support: Rs 4160.

Natural Gas Mar

Prices continue to be choppy inside 188-178 levels initially and breaking any of the sides would suggest fresh direction to the commodity.

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