Intraday tips today

GOLD:
Trend updated for-Feb/08/2013.CMP-30796 Overall trend of the Gold is bearish for medium-long term .Currently Gold is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 30640-30427-30280-30182-.Resistance for the Gold is 31176-31183-

SILVER:
Trend updated for-Feb/08/2013.CMP-58041 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatility is very less Buy the Silver above 60214 or buy with strict stop at 57242. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 57242.Resistance for the Silver is 58502-58821-58959-59241-60157-60233-

GOLD:
Trend updated for-Feb/11/2013.CMP-30815 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 30615-30423-30285-.Resistance for the Gold is 31152-31173-



SILVER:
Trend updated for-Feb/11/2013.CMP-58246 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above60214 or buy with strict stop at 57242. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Immediate support for Silver is 57242.Resistance for the Silver is 58581-58648-58952-59063-60095-60160

Benchmark indices again traded with negative bias and closed on a flat note ahead of IIP & Inflation data. Nifty future has found strong support around 5900 for second consecutive session and if it surpasses near term support of 5870 then next major support is seen around 5838. However, strict resistance is seen near the range of 5965-6000. Volatility is expected due to IIP data hence fresh buying is not recommended at current levels.

TREND: SIDEWAYS

SUPPORT : 5870 & 5838
RESISTANCE: 5965 & 6000

GOLD:
Trend updated for-Feb/12/2013.CMP-30640 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 30418-30327-30282-.Resistance for the Gold is 30845-31137-31170-

SILVER:
Trend updated for-Feb/12/2013.CMP-57661 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal and has moved down its previous low with good volume points to a negative break out . The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position and Silver closed below 1 week low with volume signals down breakout.Positionally Immediate support for Silver is 57312.Resistance for the Silver is 58441-58500-58934-58952-60072-60119-

ALUMINUM:
Trend updated for-Feb/13/2013.CMP-113 The Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 112-111-110-. Immediate resistance for Aluminum is 113

COPPER:
Trend updated for-Feb/13/2013.CMP-445 The Copper is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 442-441-440-439-438-434-. Immediate resistance for Copper is 449

ALUMINUM:
Trend updated for-Feb/13/2013.CMP-113 The Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 112-111-110-. Immediate resistance for Aluminum is 113

COPPER:
Trend updated for-Feb/13/2013.CMP-445 The Copper is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 442-441-440-439-438-434-. Immediate resistance for Copper is 449

GOLD:
Trend updated for-Feb/14/2013.CMP-30554 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong uptrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higher levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Gold is 30402-30305-Resistance for the Gold is 30703-30820-31110-31159-

SILVER:
Trend updated for-Feb/14/2013.CMP-57442 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 56982.Resistance for the Silver is 58305-58352-58795-58856-60016-60020-

GOLD:
Trend updated for-Feb/15/2013.CMP-30463 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong uptrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY and Gold closed below 1 week low with volume signals down breakout.Positionally Support for the Gold is 30314-.Resistance for the Gold is 30630-30746-30805-31094-31150-

SILVER:
Trend updated for-Feb/15/2013.CMP-56630 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Silver Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Silver is 56324.Resistance for the Silver is 58126-58277-58701-58742-59962-59975-

Sell gold apr below 30307 tg1-30284 tg3-30254 tg3-30210 stoploss-30381
buy lead feb above 130.5 tg1-131 tg2-131.5 tg3-132.1 stoploss-129.45