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Commodity bets: Trading tips for gold, crude & silver

Sugandha Sachdeva of Religare Commodities advises long in gold at Rs 29,450 per 10g to Rs 29,480 per 10g with stop loss of Rs 29,300 per 10g and prices are likely to move to Rs 29,700-29,750 per 10g mark.

March 28, 2013 / 14:03 IST

Sugandha Sachdeva of Religare Commodities advises long in gold at Rs 29,450 per 10g to Rs 29,480 per 10g with stop loss of Rs 29,300 per 10g and prices are likely to move to Rs 29,700-29,750 per 10g mark.


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Ravindra Rao of Motilal Oswal Commodities suggests buying crude near Rs 5,140 per bbl with stop loss of Rs 5,060 per bbl and it might test Rs 5,240-5,250 per bbl.


Dharmesh Bhatia of Kotak Commodities advocates buying aluminium. Bhatia says, "Any decline towards Rs 101 per kilogram and below is a good level to accumulate, maintaining a stop loss of Rs 99 per kilogram and hold long for the target of Rs 106-107 per kilogram level."

Priyank Upadhyay of SSJ Finance & Securities recommends selling silver at Rs 54,000 per kilogram with stop loss above Rs 54,500 per kilogram with target of Rs 53,000 per kilogram followed by Rs 52,500 per kilogram in short to medium-term.  

first published: Mar 28, 2013 02:03 pm

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