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Gold Mini Jun/ LBMA Spot Gold

Upticks may continue the day while $1875 remain hold the downside. Anyhow, immediate resistance is placed at $1925/1970 levels. A direct drop below $1845 would weaken the sentiment, but major downside reversal point is seen at $1810. MCX GoldM Jun Res: 49400 Support: 47900.

Silver Mini Jun/ LBMA Spot Silver

The $30 resistance mark continue to keep prices under pressure. However, important support of $25.60 needs to be cleared for extending the weak momentum. Else, expect a volatile trading session for the day. MCX SilverM Jun: Res at Rs 74200. Sup: 69400.

Copper Jun

Likely for a choppy trading session initially. Further selling pressure expected only a break of 738.

Nickel Jun

Intraday trend remains range bound inside 1280-1210 levels and breaking any of the sides would suggest fresh direction to the commodity.

Lead Jun

Weak bias may continue as long as 173 remains caps the upside. Immediate reversal point is placed at 177.

Zinc Jun

Recovery rallies can be seen only a break of 236. Else, expect a choppy with negative trading session for the day.

Aluminium Jun

Intraday bias may be range bound with mild positive bias possibly inside 195-185 levels. Any of the sides breakout would suggest fresh short term direction to the commodity.

MCX Crude Oil May/NYMEX Crude Jun

A direct rise above the important resistance of $67 is needed to continue rallies for the day. Else, there are chances of corrective selling pressure, but major downside obstacle is placed at $61.50. MCX Jun: Res at Rs 4860 / Support: Rs 4730.

Natural Gas Jun

If the support of 208 remain hold the downside, there are chances of recovery upticks for the day. Anyhow, major upside obstacle is placed at 226.

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