SENSEX NIFTY
Oct 31, 2012, 01.11 PM IST | Source: CNBC-TV18

Commodity Bets: Experts bullish on gold, silver & copper

Dharmesh Bhatia of Kotak Commodities recommends buying gold on MCX at Rs 30,900 per 10 grams levels. Bhatia says, "Place a stop loss for this trade at Rs 30,850 for upside targets of Rs 31,200-31,250."

Dharmesh Bhatia of Kotak Commodities recommends buying gold on MCX at Rs 30,900 per 10 grams levels. Bhatia says, "Place a stop loss for this trade at Rs 30,850 for upside targets of Rs 31,200-31,250."

Dipen Shah of Stayvan.com suggests buying silver on MCX at Rs 59,400 per kilogram with a stop loss to be placed at Rs 59,200 for targets of Rs 59,800-59,900 per kilogram.

Also Read: Remain short in Silver from higher levels: Karvy

Kunal Shah of Nirmal Bang Commodities advocates going long on copper on MCX at Rs 420 per kilogram. "Keep a stop loss for this trade at Rs 416 per kilogram for targets of Rs 427 on the higher side," Shah further added.

Sumeet Bagadia of Destimoney Commodities advises using dips in prices as buying opportunities in copper on MCX at Rs 97.50 per kilogram. Bagadia adds, "Maintain a stop loss for this trade at Rs 96 for upside targets of Rs 99-101 per kilogram."

ADS BY GOOGLE

video of the day

All portents good; optimistic for next few Diwali's: Damani

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.