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COM 07489294118/119 Mtechtips GOLD COMEX intraday trading analysis 6-9-2012 GOLD spot or comex currently trading at 1691 heading for negative closing today. on daily chart looks like consolidating in range after breakout rally. for tomorrow traders should expect some correction here so stay short for intraday targets of 1680 and below with stoploss above 1698!! Mtechtips SILVER COMEX intraday trading analysis 6-9-2012 Silver spot or comex currently trading at 32.16 and still is with bullish momentum.silver over performing with sharp gains in short term as compared to gold. for tomorrow stay long above 32 for targets of 32.85 and 33.35 and open short if slip below 32 and sustain there minimum for 2-3 hours!!on daily chart going under consolidation after breakout like gold but on h4 chart silver still strong bullish but indicators showing early signs of correction but not any sell signal!! Mtechtips GOLD MCX intraday trading analysis 6-9-2012 Mcx gold future currently trading at 31,524 with gains of +0.24%.today hit high of 31543 and low of 31427.for tomorrow intraday resistances are 31,640 and 31,800 while supports now shifted at Mtechtips SILVER MCX intraday trading analysis 6-9-2012 Mcx silver sep future today expired at 60700.our given target of 61,000 almost achieved now dec future is open for trading and currently trading at 62,055 flat.for tomorrow intraday resistance levels are 62,550 and 63,100 while on downside silver future intraday support are 61,800 and 61,050.intraday trend and momentum both bullish. Mtechtips COPPER MCX intraday trading analysis 6-9-2012 Mcx copper sep future given breakout and today hit high of 442.95.almost touched recent high of 444 ,currently trading at 437 with gains of 1.8%.for tomorrow mcx copper future supports are 434.5 and 429 while intraday resistance zones are 439.5 and 444. Mtechtips ALUMINIUM MCX intraday trading analysis 6-9-2012 Mcx aluminium is second gainer after copper future and trading at 109.4 with gains of 1.65%.for tomorrow here intraday resistances are 110-110.8 while supports levels are 109-108.2.trend and momentum both are bullish but trading in overbought zone. Mtechtips ZINC MCX intraday trading analysis 6-9-2012

Mcx zinc future trading at 105.3 with gains of 1.25%.for tomorrow mcx zinc future intraday resistances are 105.6 and 106.5 while on downside supports are 104.5 and 103.trend and momentum both are bullish. Mtechtips LEAD MCX intraday trading analysis 6-9-2012 Mcx lead is trading at 112.3 with gains of 1.49%.for mcx lead future intraday resistances now at 112.9 and 114.5 while on downside mcx lead future supports are 112 and 110.5.trend and momentum both are bullish. Mtechtips CRUDEOIL MCX intraday trading analysis 6-9-2012 Mcx crude oil oct future trading at 5350 with gains of 0.07%.today we seen high volatile moves hit low of 5314 and high of 5378.for tomorrow mcx crude oil oct future resistances are 5380 and 5445 while supports are 5320 and 5250.trend is sidewise while momentum is bullish. Mtechtips NATURALGAS MCX intraday trading analysis 6-9-2012 Mcx natural gas future slips below 160 and currently trading at 158.5 with loss of 1.37%.for tomorrow below 160 trend and momentum will be bearish.mcx natural gas sep future intraday resistances are 161.5 and 166 while supports are 156 and 152.5. Mtechtips NICKEL MCX intraday trading analysis 6-9-2012 Mcx nickel sep future currently trading at 900 with 0.5% gains.nickel future underperforming this base metal rally and for tomorrow intraday supports are 892 and 880 while resistances levels are 910 and 922!! Mtechtips BANKNIFTY FUT intraday trading analysis 6-9-2012 Banknifty spot today closed at 9827 with loss of 193 or 1.92%.yesterday we suggested support of 9920 but today as banknifty opened lower and as soon as it slips below 9920 we seen 100 points drop and banknifty hit low of 9814 and closed at 9827 near day low. for tomorrow banknifty intraday supports are 9690 and 9535 while on upside intraday resistances are 9850 and 9995.for tomorrow trend and momentum both bearish but on intraday and daily chart bank nifty is oversold so if short covering comes it will be intense!! buy banknifty spot if opens above 9850 with stoploss below 9800 for target 9995 and above!! Mtechtips NIFTY FUT intraday trading analysis 6-9-2012 Nifty spot today closed at 5225 with loss of 48 points or 0.92%.yesterday given long call stoploss triggered.on daily chart nifty now closed below 3 month average of 5240. on daily chart rsi below 40,nifty cci at 160 and nifty macd with bearish crossover but above zero suggested short term downtrend and bearish momentum.

as we recommended in last analysis also,in between 5185 to 5240 there are multiple average which will act as supports.so still we are hold view that above 5185 nifty should remain buy on downside 5210 is yearly average while 5185 is 2 years average level.on upside 5240 is 3 month average and then 5280-5295 are weekly and monthly averages respectively. on intraday chart,nifty has supports are 5205 and then 5125 while on upside 5280 and 5365. if nifty closed below 5200 and sustain there for 1-2 session then nifty medium and long term view become bearish from FII and DII and swing target comes at 4970 and 4735!! for intraday buy on dips with stoploss below 5185 for technical bounce back upto 5240-5280-5295 while close below 5200 then watch one session and go short for target of 4970!!