VIEWS FOR 25TH FEB. 2009

MCX Gold April: Corrective rallies to 15570/15600 could find resistance for a fall lower towards 15235 followed by 15075, break above 15873 would negate this bearish view. S1: 15357 S2: 14885 R1: 15625 R2: 16000

MCX Silver Mar: Corrective rallies to 22779/22902 could find resistance for a fall lower towards 21771/21852, break above 23314 would negate this bearish view.S1: 22507 S2: 21753 R1: 23000 R2: 23565

MCX Crude Oil March : Dips to 1955 followed by 1913 could find support for a move higher towards 2112/2137,break below 1868 would negate this bullish view.S1: 1920 S2: 1861 R1: 1958 R2: 2010

MCX Zinc Feb: - Dips to 54.15/53.95 could find support for a move higher towards 55/55.25, break below 53.95 would negate this bullish view.S1: 54.15 S2: 53.65 R1: 54.6 R2: 55.0

MCX Lead Feb: Prices closed at strong support level 49.75. As long as this level holds prices may move up and find resistance at 50.7/51.7 levels.S1: 49.57 S2: 48.6 R1: 50.45 R2: 51.70

MCX Nickel Feb: Up rally beyond 492 may take prices to 505 level.However a break of supports at 472 may take prices to 468 level and negate our bullish view.S1: 482 S2: 468 R1: 491 R2: 505

MCX Natural Gas Feb: - Prices may move below 196 level and find support around 190. Move beyond 204 can only negate this bearish view.S1: 196 S2: 190 R1: 204 R2: 210

MCX Mentha Oil Feb: - Break above 517 could see prices edging higher towards 521/523, move below 510 would negate this bullish view.S1:513 S2:509 R1:518 R2:523