Sell MCX Gold June around Rs 26350; target Rs 26000: Geojit
Geojit Comtrade has come out with its report on metals and energy. According to the research firm, one can sell MCX Gold June contract around Rs 26350 levels with a stop loss above Rs 26500 for price target of Rs 26000 levels.
Geojit Comtrade's technical updates on commodities:
(Prices in Rs.)Technical Updates:
MCX Gold June : Sell around 26350 levels with a stop loss placed above 26500 levels for targets of 26000 levels.
MCX Silver July : Sell around 43400 levels with a stop loss placed above 43700 levels for targets of 42500 levels.
MCX Crude June : Sell around 5250 levels with a stop loss placed above 5310 levels for targets of 5140 levels.MCX Natural Gas May : Buy around 238 levels with a stop loss placed below 235 levels for targets of 242 levels.
MCX Copper June : Sell around 408 levels with a stop loss placed above 411 levels for targets of 400 levels.MCX Nickel May : Sell around 825 levels with a stop loss placed above 835 levels for targets of 810 levels.
MCX Lead May : Sell around 114 levels with a stop loss placed above 115 levels for targets of 112 levels.MCX Zinc May : Sell around 102 levels with a stop loss placed above 103 levels for targets of 100 levels.
MCX Aluminium May : Sell around 102 levels with a stop loss placed above 103 levels for targets of 100 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.
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