February 11, 2013 / 12:11 IST
Nirmal Bang has come out with its report on Gold, Silver, Copper, Nickel, Lead and Crude. According to the research firm, Gold prices are expected to trade within the range from Rs 30950 to Rs 30600. As long as prices are trading above Rs 30750 one can enter long for the upside target at Rs 30900 -30950.
Silver prices are expected to trade within the broader range from 58900 to 57600. One can trade within the range. Caution in long advised below 57600.Copper prices are likely to trade within the range from 449 to 442. One can be caution as entering resistance zone at 447 -449.Nickel prices are expected to witness a sideway move from 990 to 960. If price sustains below 988 one can sell for intraday with a stop loss above 997.Lead prices are expected to trade within the range from131 to128.00. One can witness selling pressure around 131, one can sell for intraday with a stop loss above 132.10.Crude price are expected to trade within the range from 5185 to 5120. Sell on rise around 5165 with a stop loss above 5190.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
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