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HomeNewsBusinessStocksBuy MCX Gold Dec around Rs 31950; target Rs 32200: Geojit

Buy MCX Gold Dec around Rs 31950; target Rs 32200: Geojit

Geojit Comtrade has come out with its technical report on Gold, Silver, Crude, Natural Gas, Copper, Nickel, Lead, Zinc and Aluminium. According to the research firm, one buy MCX Gold December around Rs 31950 levels with a stop loss placed below Rs 31750 levels for the target of Rs 32200 levels.

November 23, 2012 / 14:58 IST

Geojit Comtrade has come out with its technical report on Gold, Silver, Crude, Natural Gas, Copper, Nickel, Lead, Zinc and Aluminium. According to the research firm, one buy MCX Gold December around Rs 31950 levels with a stop loss placed below Rs 31750 levels for the target of Rs 32200 levels.

Technical Updates:
 
MCX Gold December: Buy around 31950 levels with a stop loss placed below 31750 levels for targets of 32200 levels.
 
MCX Silver December: Buy above 62400 levels with a stop loss placed below 61800 levels for targets of 63400 levels.
 
MCX Crude December: Buy above 4875 levels with a stop loss placed below 4815 levels for targets of 4940 levels.

MCX Natural Gas November: Sell around 216 levels with a stop loss placed above 218 levels for targets of 213 levels.

MCX Copper November: Buy around 428 levels with a stop loss placed below 425 levels for targets of 434 levels.

MCX Nickel November: Buy around 915 levels with a stop loss placed below 895 levels for targets of 948 levels.

MCX Lead November: Buy around 119.50 levels with a stop loss placed below 118 levels for targets of 121.50 levels.
 
MCX Zinc November: Buy around 105.50 levels with a stop loss placed below 104.50 levels for targets of 107 levels.
 
MCX Aluminium November: Buy around 107 levels with a stop loss placed below 106 levels for targets of 108.50 levels.

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 on the attachment

first published: Nov 23, 2012 02:52 pm

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