Buy Gold around Rs 28430-28400: Nirmal Bang

Gold prices are expected to trade higher around 28600. With oscillators moving up slow and steady one can expect more upside in the precious metal. A close 28600 should indicate further upside rally to continue. One can buy around 28430 – 28400.

Silver prices are trading positive, one can expect buying interest around 56900 -800. A close above 57500 should witness fresh buying to the tune of 58800 -59500.

Copper prices are expected to bounce back to the tune of 421, where one should be cautioned and book profit in long positions. Oscillators indicating a bounce back.

Nickel prices are expected to bounce till 1020 -1025, one can buy on dip at 993 with a stop loss below 975. Oscillators are heading donw.

Lead prices are expected to test the resistance at 104.60 -105, one can buy with a stop loss below 101. oscillators are over sold and expected to bounce.

Crude prices are looking positive, one can expect profit booking around 5300.oscillators are heading up.

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