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BULLION

Gold

Rebound expected to sustain only with steady gains above 57700 region. Weakness may be seen only below 56250 region

Silver

Sustained trades above 68500 region may strengthen the prices further. Dip below the same may induce weakness as well.

ENERGY

Crude Oil

Rebound may sustain only with voluminous trades above 7320 region. Corrective move below 7020 may weaken the prices

Natural Gas

MACD Bullish divergence suggest further upside moves. A dip below 276 may weaken the prices for the day.

BASE METALS

Copper

Range bound move may be seen. Dip below 704 support may induce further weakness. Rebound may strengthen above 717.

Nickel

Thin volume trades seen.

Zinc

Weakness may be seen below 223.20 region. Rebound expected to sustain only above 225.60 region.

Lead

Prices may strengthen above 189.40 region. Dip below 186 region may weaken the prices.

Aluminium

Range bound trades with mild rebounds may be seen in the intraday. Whereas, a dip below 204.90 region may weaken the prices.

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