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Gold Mini Apr/ LBMA Spot Gold

Bearish outlook would continue long as it stays below the support of $1760. However deep liquidation pressure may be seen if it breaks below $1660. A direct rise above $1760 is a reversal of the current weak momentum. MCX GoldM Apr Res: 45140 Support: 42820

Silver Mini Apr/ LBMA Spot Silver

As prices cleared the major support of $24.20, bearish outlook would continue the day as well. Recovery upticks anticipated only a breach of $25.20. MCX Silver Apr: Res at Rs 66250. Sup: 62220.

Copper Apr

If 657 remain hold the downside, expect recovery momentum for the day. A direct drop below 655 is a weak signal.

Nickel Apr

Breaking the support of 1158 is required to extend liquidation pressure. Else, mild recovery upticks in the cards for the day.

Lead Apr

Upside momentum likely to continue as long as 159 hold the downside. A direct drop below 157 is a signal of further liquidation.

Zinc Apr

If 217 remains hold, expect rallies to continue the day. Weakness is seen only a close below 215.

Aluminium Apr

Prices continue to stay firm as long as it hold the support of 176. Further weakness is seen only a break of 173.

MCX Crude Oil Apr/NYMEX Crude Apr

Intraday bias likely to be on the positive side while prices stay above $58. However, next major upside obstacle is seen at $62 followed by $66. A direct drop below $57 is an immediate sign of weakness. MCX Apr: Res at Rs 4560 / Support: Rs 4340.

Natural Gas Apr

Price continue to gain upside momentum as long as it hold the support of 185. weakness is seen only a break of 177.

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