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Oct 11, 2012, 12.53 PM IST
Renisha Chainani, Manager - Research at Edelweiss Comtrade recommended selling nickel MCX at Rs 945 with the stop loss of Rs 960 and target of Rs 920 on the down side as heavy metals are under presser.
Shreekant Jha, Owner, PJ commodity ventures says traders can buy silver MCX at Rs 62000 per kg with a target of Rs 64000 per kg. Dipen Shah, Business Head of Stayvan.com said copper MCX can be bought on dips to Rs 435 with a stop loss of Rs 432 and a target of around Rs 440-442 on the head side. Priyank Upadhyay, AVP Commodity Research at SSJ Finance said crude MCX had given a decent pull back. "We suggest selling crude at Rs 4930 with a stop loss above Rs 4980 for a target of around Rs 4820-4780," he adds.
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