LEAD INTRA TREND

Lead 30Nov2012 closing price is 118.85 The Lead is now showing SELL signal For short term Lead is in HOLD LONG position and Lead closed below 1 week low with volume signals down breakout.Positionally Support for the Lead is 115-113.Resistance for the Lead is 120

ALUMINIUM INTRA VIEW

ALUMINIUM 30Nov2012 Closing price is 106.20 Overall trend of the Aluminium is bearish for medium-long term .Currently Aluminium is SELL signal and Aluminium is coming down from overbought level and has moved down its previous low with good volume points to a negative break out .Positionally Support for the Aluminium is 105.Resistance for the Aluminium is 108.

ZINC INTRA VIEW

Zinc 30Nov2012 closing price is 104.85 The Zinc is now is showing SELL signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 104-102. Immediate resistance for Zinc is 107

NICKEL TREND

Nickel 30Nov2012 closing price is 916.8 In last few days lot of positive accumulation happened in the Nickel.Positionally Support for the Nickel is 911-905-901.Immediate resistance for Nickel is 922.

NATURALGAS INTRADAY VIEW'S

NATURALGAS 27NOV2012 CLOSING PRICE IS 214.50 The current position is BUY and closed above 1 month high with volume signals up breakout.Positionally Support for the Naturalgas is 205-201-198.Immediate resistance for Naturalgas is 217.

COPPER TREND

COPPER 30NOV2012 CLOSING PRICE IS 425.8 Currently Copper is in strong uptrend with good momentum and the trend is supported with good volume Positionally Support for the Copper is 418.Resistance for the Copper is 435.

SILVER LEVELS

SILVER 05DEC2012 CLOSE-62047 .Positionally Support for the Silver is 60960-60500-60450. Immediate resistance for Silver is 62411.

GOLD VIEW

GOLD 05DEC2012 CLOSING 31813.Positionally Support for the Gold is 31560-31420-31220. Immediate resistance for Gold is 32065

FDI in retail in the Winter Session of Parliament Start

The Opposition looks to give a tough time to the UPA government over the issue of FDI in retail in the Winter Session of Parliament. However, the government is confident that it has the numbers. Here's a look at the possible scenarios in Parliament: Strength of Lok Sabha: 544 Half way mark: 272 UPA: 254 NDA: 152 Outside support to UPA: BSP+SP+RJD+JDS = 50 BSP VIEW If both the Samajwadi Party and the Bahujan Samaj Party join the Trinamool Congress in opposing FDI in retail, the UPA will face embarrassment as it won't manage majority. However, this looks unlikely now with Mayawati telling the BSP MPs not to join the Opposition's protest against FDI in retail. TMC VIEW If the TMC opposes FDI and the SP and BSP abstain from voting, the effective strength of the Lok Sabha will come down. While the BSP has made it clear that it won't oppose FDI in retail, the SP has also been saying that it won't vote in favour of the BJP. GOVERNMENT VIEW If the government doesn't agree to debate with voting, the Opposition will ensure that no legislative business takes place. This seems to be the most likely scenario with the current situation.

CRUDEOIL LEVEL

CRUDEOIL 18DEC2012 CLOSING 4823.Positionally Support for the Crudeoil is 4754-4752.Resistance for the Crudeoil is 4974-5012.

NIFTY INDEX TREND ANALYSIS

Nifty was on a bull trend and closed at 5614.80 So today the first resistance for nifty is at 5640 level. Next resistance ranges are at 5670,5695,5725 levels. On downside first support is at 5580 level. Next supports are at 5548,5500level.Nifty is currently in a negative territory but yesterdays bull move had some cushion effect on the bearish sentiment and today if nifty is above 5647 chance are their for covering and above 5674 bull had the upper hand. On downside if nifty is below 5580 be very alert and bears had the strength if nifty is below 5551 level.

Global and local cues that will impact Nifty

The Indian market gained strength in the last hour of trade on Wednesday despite listless trade in global peers. The Nifty closed above the 5,600 level for the first time in the last four sessions. The index rose 43.25 points to close at 5,614.80. The Sensex gained 131.06 points to end at 18,460.38 on hopes that winter session of Parliament would go through smoothly. The winter session of Parliament will begin today. The month-long session, which will conclude on December 20, will have as many as 20 sittings and the government has lined up a heavy legislative agenda including 25 bills for consideration and passing, 10 bills for introduction and a voting on supplementary demands for grants for the current fiscal. US markets: The US markets closed modestly higher in thin, choppy trading session ahead of the Thanksgiving holiday, after a cease-fire agreement between Israel and Hamas Militants in the Gaza strip. But some mixed economic reports and worries over Greece put a limit on gains. The CBOE volatility index ended above 15. There will be no cues from US today as markets will be shut for Thanksgiving. Asian markets were trading higher. Hong Kong's Hang Seng was up 0.38% or 82.70 points at 21,607.06. Japan's Nikkei gained 1.19% or 109.78 points at 9,332.30. Singapore's Straits Times added 0.49% or 14.56 points at 2,974.86. South Korea's Seoul Composite was up 0.76% or 14.39 points at 1,898.43. Taiwan's Taiwan Weighted rose 0.51% or 36.02 points at 7,124.51. China's Shanghai Composite was down 0.62% or 12.65 points at 2,017.67.