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Oct 10, 2012, 12.19 PM IST
Nirmal Bang has come out with its technical report on precious metals, base metals and crude oil. According to the research firm, Copper prices are likely to test Rs 437-439 on higher end. One can buy on dips around Rs 434 with a stop loss below Rs 429.
Nirmal Bang has come out with its technical report on precious metals, base metals and crude oil. According to the research firm, Copper prices are likely to test Rs 437-439 on higher end. One can buy on dips around Rs 434 with a stop loss below Rs 429.
Gold prices are expected to trade positive and are likely to witness 31450 31500, one can buy on dips around 31330 -31300. Oscillators suggest prices are expected to trade higher. Silver prices are expected to trade higher for the day one can maintain a stop loss below 61000 and enter long. Copper prices are likely to test 437-439 on higher end. One can buy on dips around 434 with a stop loss below 429. Nickel prices are expected to trade within the range from 935 to 960, one can trade within the range with a negative bias and maintain intraday stop loss above 960. Lead prices are expected to test 119.80 120 on higher end one can long around 118 with a stop loss below 116.50. Crude Oil price are expected to trade with a range from 4800 to 4900. For intraday one can long around 4830 with a stop loss below 4780. Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
To read the full report click here Related News Tags: Nirmal Bang, precious metal, base metal, Crude Oil, Copper, Gold, Silver, Nickel, Lead, Crude Oil
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