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Intraday Technical Outlook

Gold LBMA Spot

Outlook remain bullish. Immediate downside reversal point is placed at $3150.

Silver LBMA Spot

Choppy trading expected initially. It is required to break above $33 to trigger fresh rallies.

Crude Oil NYMEX

While prices stay above $60 it may extend rallies. Further selloffs expected only if prices stay below $56.

Gold KG Jun

Positive outlook remain on the cards. Downside reversal point is seen at Rs 92000.

Silver KG May

Initial upticks are likely but a direct break of Rs 99000 would see major rallies.

Crude Oil May

Recovery rallies would continue the day. Further selloffs are seen if prices breaks Rs 4950.

Natural Gas May

Choppy trading expected initially. Consistent raise above Rs 312 likely to extend rallies.

Copper May

Inability to break above Rs 860 would see corrective selloffs. Else, recovery rallies expected.

Nickel May

Prices remain choppy with nil volume.

ZincM May

As long as Rs 248 remain undisturbed expect recovery rallies for the day.

LeadM May

Prices most likely congested inside Rs 174-178 levels

AluminiumM May

Inability to break the support of Rs 228 recovery rallies are expected.

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