Trading Strategies for Gold and Silver (Intra day).

Gold seems to be bullish, Can initiate a buy position around 11250 levels with a stop loss around 11200 levels with a profit target of 11330, and next target 11360.

Silver seems to be bullish can initiate a buy position around 20800 levels with a stop loss around 20700 levels and the profit target 21000 , next target 21100.
Zinc
Intraday outlook appears up ward for zinc on increasing supply in China. Increasing inventories could dampen to the prices in long term. Fundamentals seem to be supportive.
Intra Day Call: Long MCX Jan Zinc above 94.20 with STP @ 93.50, Target: 96.00

Nickel
Intraday outlook looks up ward for Nickel. Nickel prices are likely to hover high. LME Inventories would play a crucial role in intraday trade.
Intra Day Call: Long MCX Jan Nickel above 1121 with STP @ 1108 Target: 1140.

Lead
Intraday outlook looks down ward for Lead. Prices may weaken in short term due to substantial increase in LME inventories and China’s decision to keep lead export taxes unchanged.
Intra Day Call: Short MCX Jan Lead below 102.90 with STP @ 103.60, Target: 101.20

Copper
Intraday outlook looks up ward for copper as china imports reached on a eight month high level . And investors are also buying the metal as alternative v/s declining dollar.
Intra Day Call: Long MCX Feb Copper above 288.60 with STP @ 287.00, Target: 291.70

Aluminum
Intraday outlook looks range bound 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 Jan Aluminum above 96.65 with STP @ 96.00, Target: 97.90

Crude Oil
Crude oil prices may remain in the range of 3620 to 3680. Overall sentiment seems weak as winter demand is expected to calm down. A break of support below 3620 may cause a downard rally towards 3585.

Natural Gas
Natural gas prices may remain in the range of 327 to 331. A break of support below 327 may cause prices to plummet towards 324. Keep close watch on US weather conditions for further cues in prices.