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Gold Mini Mar/ LBMA Spot Gold

Recovery upticks may continue while it hold the support of $1760. Anyhow, intraday resistance is seen at $1820 and later it may face resistance 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

If prices stay above $26 it may continue with mild positive bias for the day. A direct fall below $24 could negate the outlook and take prices lower. MCX Silver Apr: Res at Rs 72800. Sup: 68400

Copper Mar

While prices stay above 700 bullish rallies would extend in the counter. Immediate reversal point is seen at 692.

Nickel Mar

Corrective selloffs are likely if 1445 remains caps the upside. Downside reversal point is placed at 1340.

Lead Mar

If 174 continue to restrict upside moves, expect choppy trading for the day. An unexpected rise above the same would trigger rallies.

Zinc Mar

Prices continue to be choppy with mild positive bias. Anyhow downside reversal point is seen at 218.

Aluminium Mar

A direct break above 174 would extend bullish rallies for the day. Else, prices may correct lower.

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 4640 / Support: Rs 4460.

Natural Gas Feb

Inability to break 214 expect corrective selling pressure for the day. Upside reversal point is seen at 222.

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