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Intraday Technical Outlook

Gold LBMA Spot

Choppy with mild corrective selloffs expected the day. Anyhow, broad outlook remain bullish.

Silver LBMA Spot

Resistance above $33.70 is required to extend rallies. Else, choppy trading expected.

Crude Oil NYMEX

If unable to break the support of $60 expect recovery rallies. Else, corrective selloffs expected.

Gold KG Jun

Break above Rs 97000 may see further bullish waves. Else, prices remain choppy.

Silver KG May

Consistent trades above Rs 98000 may extend rallies.

Crude Oil Jun

As long as Rs 5100 remain hold, expect recovery upticks to continue the day.

Natural Gas May

While below Rs 310 expect choppy trading with mild negative bias

Copper May

While below Rs 870 likely to extend weakness. Else, the trend mostly choppy.

Nickel May

Prices remain choppy with nil volume.

ZincM May

Prices remain congested inside Rs 262-254 levels and either side breakout would suggest fresh directions.

LeadM May

If unable to break the support of Rs 176 there are potential upside for the day.

AluminiumM May

Intraday support is seen at Rs 236 which if holds expect recovery rallies.

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