COVERAGE OF..

COVERAGE OF PRE-US MARKET TRADING INCLUDING FUTURES INFORMATION FOR BULLION, BASE METALS AND ENERGY

Bullion

Gold: Pit Session starts at 5.50 pm à International Spot Gold has resistance at $1792 and a downside move till $1755 could be possible. MCX December Gold has resistance at 31480 and a downside move till 31170 could be possible. However, an upside break of this resistance could take prices higher till $ 1802/`31630 levels.  

Silver: Pit Session starts at 5.55 pm  à International Spot Silver has resistance at $35.20 and a downside move till $34.20 could be possible. MCX December Silver has resistance at 63100 and a downside move till 61800 could be possible. However, an upside break of resistance could take prices higher till $35.80/`63750 levels. 

Energy

Crude Oil: Pit Session starts at 7.30 pm à International Spot Crude oil has resistance at $92.10 and a downside move till $89.00 could be expected. MCX Oct Crude Oil has resistance at 4835 and downside move till 4735 could be possible. However, an upside break of this resistance could take prices higher till $93.50/`4905 level. 

Natural Gas: Pit Session starts at 7.30 pm à MCX October Natural Gas has resistance at 185.5 levels and a downside move till 177.0 could be expected. However, an upside break of resistance could take prices higher till 190.5 level.     

Base Metals

Zinc à 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 111.5 level. 

Copper à MCX November Copper has resistance at  442 and a downside move till 434 could be expected. However, an upside break of resistance could take prices higher till 446 level.    

Lead à  MCX October Lead has resistance at 120.8 and a downside move till 117.5 levels could be expected. However, an upside break of resistance could take prices higher till 123.0 level.

Nickel à  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.  

 Aluminium à MCX October Aluminum has resistance at 110.6 and a downside move till 107.6 could be expected. However, an upside break of resistance could  take prices higher till 112.0 level.