Zinc
Intraday outlook looks upward for zinc as price dips attracting buyers. Increasing inventories could dampen to the prices in long term.

Intra Day Call: Long MCX Jan Zinc above 90.70 with STP @ 90.00, Target: 92.40

Tin
Intraday outlook looks upward for Tin. Consolidation in base metals complex could support the metal.

Intra Day Call: Long MCX Jan Tin above 647 with STP @ 642 Target: 655.

Nickel
Intraday outlook looks upward 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 1108 with STP @ 1100 Target: 1128.

Lead
Intraday outlook looks upward for Lead. Consolidation expected in market.

Intra Day Call: Long MCX Jan Lead Above 103.00 with STP @ 102.30, Target: 104.60

Copper
Intraday outlook looks upward for copper. China buyers are most likely to follow buying trend because of dip in prices. Market could move higher as investors are also buying the metal as alternative v/s declining dollar.

Intra Day Call: Long MCX Feb Copper above 279.60 with STP @ 278.00, Target: 283.50

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 95.90 with STP @ 95.20, Target: 97.10

Crude Oil
Market may trade in the range of 3580 and 3540. Although ample inventories, dollar weakness might drive the crude oil prices up to 3600 levels if the resistance of 3580 is broken. If the prices break below 3540, the next support will be at 3500 levels

Natural Gas
Natural Gas seems rangebound between 313 and 319 levels. Inventories are expected to be ample inspite of a projected fall of 61 bcf. Hence, the overall trend is likely to be bearish for the day..

Trading Strategies for Gold and Silver (Intra day).

Gold seems to be bearish, Can initiate a sell position around 11250 levels with a stop loss around 11300 levels with a profit target of 11170, and next target 11120.

Silver seems to be bearish can initiate a sell position around 20700 levels with a stop loss around 20800 levels and the profit target 20500 , next target 20400