Refined Soy Oil
Dec : Buy Dec contract at around Rs. 525.5 for the profit target of Rs. 528.5 , stop loss - 524.0
Jan : Buy Jan contract at around Rs. 532.5 for the profit target of Rs. 535.5 ,stop loss - 531.0Kapas April 2008 Kapas Futures market is likely to remain sideways to up.
Can Buy Kapas at MCX around - below Rs. 440 - 442.0 and likely first target is Rs 444.00 - 446.00 with a Stop Loss at Rs. 438MCX CHANA Market is showing continuous downward trend. Can Continue to Sell at market in the range of Rs. 2172 - 80 for a target of Rs. 2150, Stop loss at Rs. 2190. Trading Strategies for Gold and Silver (Intra day). Gold seems to be bearish, Can initiate a sell position around10270 levels with a stop loss around 10310 levels with a profit target of 10200 , and next target 10170 .
Silver seems to be bearish can initiate a sell position around 19250 levels with a stop loss around 19350 levels and the profit target 19100 , next target 19000.
Spread Strategies.
Gold
The spreads between Gold Feb and Gold Apr are hovering between 70 and 75 at present.
If the spread comes down to 65/70 the strategy would be Buy Apr and Sell Feb and reverse your position if the spread increases to 85

Silver
The spreads between Silver March and Silver May are hovering around 310 and 340 If the spread comes down to 310/320 the strategy would be to sell Mar and buy May and reverse your position if the spread increases to 340/350 If the spread goes higher to 400 then can do vise a versa also.

Arbitrage.
Gold Regular vs. Gold Mini
The spread between Gold Regular and Gold Mini is hovering around 1-4 Rs. If the spread increases to 10, then sell 10 gold mini and buy 1 gold regular and reverse your position when the spread
decreases to 2/4.

Silver Regular vs. Silver Mini
The spread between Silver Regular and Silver Mini normally is between the range of 3 to 10 Rs. If difference is around 15-20 the strategy here would be sell silver mini 6 lots and buy silver regular 1 lot and reverse your position whenever the difference मिनिमिज़े. Crude Oil
The bearish outlook for crude oil may continue today with prices finding 1st support at 3430 and 1st resistance at 3475. A break of 1st support may lead to prices targeting 3400 initially, followed by a target of 3380.
Natural Gas
Natural Gas continues to be weak owing to ample supplies for the current winter season. Today, prices may first target 275 levels initially, hence, can sell for the same target and stop loss of 284. 2nd target may be around 272, if the sell off continues. Zinc
Intraday outlook looks upward for zinc. In near term Zinc could retrace higher due to short covering & bargain hunting and on a talk of delaying cancellation of 5% value-added tax rebates on refined zinc exports, which could limit the exports and may provide support to the prices.
Intra Day Call: Long MCX Dec Zinc above 95.80 with STP @ 95.00, Target: 98.00
Nickel
Intraday outlook looks upward for Nickel. Nickel prices are likely to hover below. Upside momentum could trigger due to short covering as market is in oversold condition. Weakness in U.S., European stainless steel markets likely to cap nickel.
Intra Day Call: Long MCX Dec Nickel above 1070 with STP @ 1062, Target: 1088
Lead
Intraday outlook looks downward for Lead. Forecast is for mild U.S. winter bearish for lead and Australian Magellan lead mine suggesting that it's moving closer to restart, Prices may weaken in short term due to substantial increase in LME inventories & US Weather forecast.
Intra Day Call: Short MCX Dec Lead below 105.80 with STP @ 106.60, Target: 103.50
Copper
Intraday outlook looks upward for copper. Price could fuel on concern over expectation of another FED interest rate cut which buoys the market. Prices are likely to remain firm due reserve requirement ratio hike. Downside seems to be limited.
Intra Day Call: Long MCX Feb Copper above 272.60 with STP @ 270.50, Target: 276.80
Aluminum
Intraday outlook looks upward for aluminum, relatively steady despite the weakness in other base metals and looks firm. There has been supportive buying by European consumers due stronger EUR inducing buying.
Intra Day call: Long MCX Dec Aluminum above 96.60 with STP @ 96.00, Target: 97.90