GOLD:- Gold has been rising with very strong trended momentum from the 1155.60 & still there is no sign of any weakening visible. We are of the view that it will still keep rising till the range of 1340-1352 is not achieved as it has unveiled the extension. Conservative trader should stay away & high risk trader can follow the call. We recommend buying around 1300  with the stop of 1285 for the target of 1340 &1352.In rupee terms buy at 18875 with the stop of 18800 for 19250-19350.

SILVER:-  Silver is on the verge of completing the five wave pattern from the bottom of 17.735. We see a major resistance at 22.35.We advise to short at 22.25-22.30 range with the stop of 22.45 for the target range of 21.20 or lower. In rupee terms sell short around 33300 with the stop of 33500 for the target of 32400.

CRUDE:- With the crossing of the 80 excessive bearish outlook has vanished. We see 82.50 as major resistance for any up move. In fact we are looking for the small downward correction to 79.90-79.05 range in coming week. We recommend going long at 79.50 with the stop of 78.70 for the target of 83.80. In rupee terms buy around 3550 with the stop of 3525 for the target of 3630 & 3680 in OCT Future at MCX..

NATURALGAS:- Natural gas has exhibited more bearishness than what we were expecting. It has a resistance at 4145 & we do not see it breaking it on the upside. Though it has held the support at 3700 so far, we see it being breached soon & will find the next support at 3200 level. We recommend the short position on the breach of 3700- with the stop of the 3750 for the target of 3200.In rupee terms sell MCX OCT FUT around 174 with the stop of 177 for the target of 148.

COPPER:- Copper has hit high of 372.20 which is very close to  it's previous resistance of 368 & we do not expect it to breach on upside substantially.On the contrary we expect it to react to 340 levels We recommend selling short around  370 with the stop of 375 for the target of 352 & 338. In rupee terms sell short Nov Future MCX around 365 with the stop of 368 for the target below 352 & 342 in next two  weeks.

LEAD:- Lead surpass the 2300 mark to make the high of 2321 & the momentum diminished swiftly. We recommend to short sell at any bounce above 2320  with the stop of 2350 for the target range of 2100. In rupee terms we recommend sell short position in OCT Future MCX on any bounce to 104 with the stop of 106 for the target of 99 in next two weeks.

NICKEL:- Nickel  has moved exactly as per our expectations.  We recommend selling short at 24300-24500  with the stop of 24800 for the target range of 21000-21400.We recommend a short sell on OCT Future MCX around 1075 with the stop of the 1095 for the target of 1040.

ZINC:-  In our view it has terminated a major wave on upside at 2285 & downside correction to 2000 is imminent. We are looking for the downside correction to end in the range of 2040-1980.We recommend selling short at 2250 with the stop of 2285 for the target range of 2040-1980.In rupee term we recommend a short on OCT Future MCX at any bounce above 104.50 with the stop of 106 for the target range of 98.00-99.00.