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HomeNewsBusinessStocksSell MCX Gold June; target Rs 26200: Geojit Comtrade

Sell MCX Gold June; target Rs 26200: Geojit Comtrade

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 26850 levels with a stop loss above Rs 27000 for price target of Rs 26200 levels.

May 30, 2013 / 20:15 IST

Geojit Comtrade's technical updates on commodities:


(Prices in Rs.)


MCX Gold June : Sell around 26850 levels with a stop loss placed above 27000 levels for targets of 26200 levels.
 
MCX Silver July : Sell around 44000 levels with a stop loss placed above 44500 levels for targets of 42800 levels.
 
MCX Crude June : Sell around 5240 levels with a stop loss placed above 5290 levels for targets of 5170 levels.


MCX Natural Gas June : Sell around 235 levels with a stop loss placed above 240 levels for targets of 228 levels.
 
MCX Copper June : Buy around 408 levels with a stop loss placed below 404 levels for targets of 416 levels.


MCX Nickel May : Buy around 823 levels with a stop loss placed below 810 levels for targets of 852 levels.
 
MCX Lead May : Buy around 119 levels with a stop loss placed below 118 levels for targets of 122 levels.


MCX Zinc May : Buy around 103.50 levels with a stop loss placed below 102.50 levels for targets of 106 levels.
 
MCX Aluminium May : Buy around 102.50 levels with a stop loss placed below 101.50 levels for targets of 105 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.

first published: May 30, 2013 08:15 pm

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