Nirmal Bang recommends to buy Gold on dips around Rs 29500

Gold prices are expected to trade higher to the tune of 29680 29730 as it has further managed to close above the middle Bollinger band. Buying on dips is recommended around 29500.

Silver prices are trading within a very narrow range, prices are likely to hold 52500 on closing basis, we can expect a bounce till 53700. One should buy around 52500 with a stop loss below 52000.

Copper prices are likely to trade within the range from 417 to 425. Oscillators suggest a flat to negative move ahead for the day.

Nickel prices are expected to bounce till 890 -895 on higher end. Prices are expected to trade within 900 to 870. One can buy around 880 with a stop loss below 865.

Lead prices are expected to trade within the range from 103.30 to 105.30. one can trade within the range.

Crude prices are expected to trade higher to the tune of 5080 - 5100. One can buy around 4965 with a stop loss below 4925.

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