Buy precious metals on dips says Kishore Narne

There were big moves on gold and silver at the opening of the commodity market, maybe on back of influential announcements over the last 48 hours. In an interview to CNBC-TV18 Kishore Narne, Motilal Oswal Commodity Broker shared his reading and outlook on commodities.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Travelcafe
moneycontrol.com

Home » News » Markets » MARKET OUTLOOK

Jan 03, 2013, 10.59 AM | Source: CNBC-TV18

Buy precious metals on dips says Kishore Narne

There were big moves on gold and silver at the opening of the commodity market, maybe on back of influential announcements over the last 48 hours. In an interview to CNBC-TV18 Kishore Narne, Motilal Oswal Commodity Broker shared his reading and outlook on commodities.

Like this story, share it with millions of investors on M3

Buy precious metals on dips says Kishore Narne

There were big moves on gold and silver at the opening of the commodity market, maybe on back of influential announcements over the last 48 hours. In an interview to CNBC-TV18 Kishore Narne, Motilal Oswal Commodity Broker shared his reading and outlook on commodities.

Post Your Comments

Share Cancel

Kishore Narne (more)

Associate Director, Motilal Oswal | Capital Expertise: Commodities

There were big moves on gold and silver at the opening of the commodity market, maybe on back of influential announcements over the last 48 hours.

In an interview to CNBC-TV18 Kishore Narne, Motilal Oswal Commodity Broker shared his reading and outlook on commodities.

He believes it would be a strategy to buy on dips rather than buying into this rally because yesterday and today, we have seen rallies, so buying at these levels will be slightly riskier.

Also read: RBI mulls tax sops for pledging gold, higher import duties

Kishore Narne discuss trading strategies for the day.

GOLD MCX
Buy at Rs 30800-30850
Stop Loss Rs 30600
Target: Rs31150

SILVER MCX
Buy at Rs 58400-58450
Stop Loss: Rs 57200
Target: Rs 60200

COPPER MCX
Buy at Rs448
Stop Loss: Rs 444
Target: Rs 456

CRUDE MCX
Sell at Rs 5040
 Stop Loss: Rs 5090
Target: Rs 4960

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Buy precious metals on dips says Kishore Narne

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login