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Oct 12, 2012, 12.27 PM IST
Nirmal Bang has come out with its report on Gold, Silver, Copper, Nickel, Lead and Crude. According to the research firm, one can buy Gold on dips around Rs 31370 with a stop loss below Rs 31250.
Nirmal Bang has come out with its report on Gold, Silver, Copper, Nickel, Lead and Crude. According to the research firm, one can buy Gold on dips around Rs 31370 with a stop loss below Rs 31250.
Gold prices are expected to trade within a range from 31250 to 31500. One can buy on dip around 31370 with a stop loss below 31250. Silver prices are resisting at 62400 which is the downward sloping trendline. Prices can test 61400 61200 on lower end. Fresh buying recommended above 62400. Copper prices are likely to trade sideways from 434 to 440. One can trade within the range with a positive bias. Nickel prices are expected to test 920 one can look to buy the counter around 920 with a stop loss below 905. Lead prices are expected to test 114 on lower end which seems to hold. For intraday one can buy with a stop loss below 113. Crude price are expected to trade lower to the tune of 4830 -4800, one can sell on rise around 4890 -4900 with a small stop loss above 4920. 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 |
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