Experts see bull run in gold, silver, crude & copper
Oct 12 2012, 20:55 | By CNBC-TV18
Shreekant Jha of PJ Commodity Ventures advocates buying gold on MCX at Rs 31,300 per 10 grams for an upside target of Rs 31,500.
Renisha Chainani of Edelweiss recommends buying silver on MCX at Rs 62,000 per kilogram. Chainani said, "Place a stop loss for this trade at Rs 61,750 for an upside target of Rs 62,400 per kilogram and beyond that to Rs 62,500 per kilogram."
Dipen Shah of Stayvan.com suggests buying crude on MCX at levels of Rs 4,850 per barrel. He advises placing a stop loss for this trade at Rs 4,800 per barrel for target of Rs 4,900-Rs 4,950 per barrel on the higher side.
Priyank Upadhyay of SSJ Finance & Securities advises buying copper on MCX at levels of Rs 436 per kilogram. "Place a stop loss for this trade at Rs 432 per kilogram for targets of Rs 441 per kilogram followed by Rs 443 per kilogram," Upadhyay added.
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