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Bullion

Gold

Extended dip below 74930 may induce further weakness. Recovery moves may gather momentum above 75980 region.

Silver

Extended dip below trend line support 85700 may trigger weakness. Inability to cross below the same may induce recovery upticks.

Energy

Crude Oil

Prices may weaken further below 5800 region. Else, mild recovery upticks may occur holding the same region.

Natural Gas

Prices may edge northward in the current session. Holding any of the resistance levels may induce correction.

Base Metals

Copper

Weakness could extend only with a fall below the trend line support at 794 region. Else, recovery upticks may witness.

Nickel

Lack of volume in the counter.

Zinc

Mild corrective moves possible. Recovery moves could strengthen only if with sustained trades above EMA level 282.70.

Base Metals

Lead

Mild weakness may be seen in the counter. Recovery move may strengthen above 179.30 region.

Aluminium

Extended fall below 240 region can trigger weakness. Else, mild upticks may occur.

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