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Gold Mini Jun/ LBMA Spot Gold

Inability to move past $1890 there are chances of corrective selling pressure but major downside reversal point is seen at $1810. a direct rise above $1890 next important upside obstacle is seen at $1925. MCX GoldM Jun Res: 49400 Support: 47200.

Silver Mini Jun/ LBMA Spot Silver

Breaking the resistance of $30 is needed to trigger further bullish waves in the counter. Otherwise a choppy with negative bias trading is likely for the day. However, immediate supports are seen at $25.60 then 23.80 levels. MCX SilverM Jun: Res at Rs 73800. Sup: 69850.

Copper Jun

Recovery upticks are possible for the day. Further selling pressure expected only a break of 738.

Nickel Jun

Prices may vary inside 1280-1210 levels broadly and breaking any of the sides would suggest fresh direction to the commodity.

Lead Jun

Corrective selling pressure to continue as long as 173 caps the upside. Immediate reversal point is placed at 177.

Zinc Jun

Further rallies may be seen only a break of 236. Else, expect a choppy trading with mild negative bias.

Aluminium Jun

Prices continue to be range bound inside 195- 185 levels and breaking any of the sides would suggest fresh short term direction.

MCX Crude Oil May/NYMEX Crude Jun

Breaking the important resistance of $67 is needed to continue rallies for the day. Else, there are chances of corrective selling, but major downside obstacle is placed at $61.50. MCX Jun: Res at Rs 4738 / Support: Rs 4480.

Natural Gas Jun

If the support of 210 remain hold the downside, expect mild recovery moves for the day. However major upside obstacle is placed at 226.

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