Moneycontrol > News > Brokerage Recos - Commodities

Aug 01, 2012, 12.18 PM IST

Nirmal Bang advices to buy Gold, Silver on dips

Nirmal Bang has come out with its report on Gold, Silver, Copper, Nickel, Lead and Crude.

Source: Moneycontrol.com
Share Share on Tumblr
Share  .  Email  .  Print  .  A+
Nirmal Bang has come out with its report on Gold, Silver, Copper, Nickel, Lead and Crude.


Gold prices may witness profit booking to the tune of 30030 - 30000, one can buy on dips with a stop loss below 29900.


Silver prices witnessed profit booking from higher levels, one can buy on dips around 53500 -53300.


Copper prices are likely to trade within the range from 415 to 425. One can sell around 423 with a stop loss above 426.


Nickel prices are expected to trade within the range from 885 to 905, one can exit from long position below 875.


Lead prices are expected to trade positive after a correction, one can long around 106.50 -106.80 with a stop loss below 105.40.


Crude prices are expected to trade within the range from 4850 to 4950 one can witness selling pressure to continue till 4850.


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

4.7-inch Galaxy Grand Quattro launched for Rs 17,290
Forget Sreesanth, 8 indicators that your mobile data is compromised "Forget Sreesanth, 8 indicators that your mobile data is compromised"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18
News Videos

May 20 2013, 12:21

Remain bearish on gold & silver: Motilal Oswal

- in Commodities