Copper prices may test Rs 421-423: Nirmal Bang

Gold prices are witnessing selling pressure on higher end, one should remain cautious unless closes above 30180 in long position at these levels. If fails to sustain 30100 on intraday basis one can sell with a stop loss above 30200 for a target at 29850 -29770.

Silver prices are expected to trade within a range from 54800 to 53700 one can trade within the range. For fresh buying one should wait for a closing above 55250.

Copper prices are expected to test 421 423 on higher end. Prices are expected to hold the support at 414 -415 zone. Buying on dips is recommended.

Nickel prices are holding the support at 920 we expect prices to trade positive one can enter long with a stop loss below 915.

Lead prices are expected to trade positive for the day, one can buy on dips around 106 with a stop loss below 105.

Crude prices are witnessing a range bound move. one can buy around 4650 with a stop loss of 4600 targeting 4720. Prices are expected to trade within 4600 to 4730. Oscillators suggesting a flat to positive move ahead.

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