Bullions: MCX Gold can trade in range of 31,300-31,600 while silver can trade in range of 62,500-63,100 in near term.
Base Metals: Base metals may also witness some short covering after recent profit booking tracking positive international cues. Copper can trade in range of 440-446 in MCX while Lead can trade in range of 119.50-122 in MCX. Nickel can move in range of 960-975 in MCX while aluminium may move in range of 109.50-111 in MCX.
Support for November copper is seen at Rs.438 while resistance is seen at Rs. 448.
Energy: Crude oil prices can also see some lower level buying as its prices can trade in range of 4,890-4,980 in near term while Natural gas may trade in range of 159-172 in MCX.
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