Coverage of Pre-US Market trading including futures information for Bullion, Base Metals and Energy


Bullion
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Gold: Pit Session starts at 5.50 pm International Spot Gold has resistance at $1788 and a downside move till $1758 could be possible. MCX December Gold has resistance at  31650 and a downside move till  31230 could be possible. However, an upside break of this resistance could take prices higher till $ 1802/31840 levels.  

Silver: Pit Session starts at 5.55 pm International Spot Silver has resistance at $34.90 and a downside move till $33.50 could be possible. MCX December Silver has resistance at 63000 and a downside move till  `61300 could be possible. However, an upside break of resistance could take prices higher till $35.30/63650 levels.

Energy
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Crude Oil: Pit Session starts at 7.30 pm International Spot Crude oil has support at $90.40 and an upside move till $93.1 could be expected. MCX Oct Crude Oil has support at  4800 and upside move till `4910 could be possible. However, a downside break of this support could take prices lower till $89.00/4735 level.  
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Natural Gas: Pit Session starts at 7.30 pm MCX October Natural Gas has support at 175.5 levels and an upside move till 183.0 could be expected. However, a downside break of support could take prices lower till 171.5 level.       

Base Metals
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Zinc: MCX October Zinc has resistance at 109.8 and a downside move till 106.8 could be expected. However, an upside break of resistance could take prices higher till 111.3 level.  

Copper: MCX November Copper has resistance at  442 and a downside move till 433 could be expected. However, an upside break of resistance could take prices higher till 446 level.     

Lead: MCX October Lead has resistance at  119.6 and a downside move till 116.8 levels could be expected. However, an upside break of resistance could take prices higher till 121 level. 

Nickel: MCX October Nickel has resistance at 990 and a downside move till 958 could be expected. However, an upside break of resistance could take prices higher till 1010 level.   
       
ƒAluminium: MCX October Aluminum has resistance at 110.7 and an downside move till 107.8 could be expected. However, a downside break of support could take prices higher till 112.0 level.

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