HomeNewsBusinessMarketsBuy crude & silver; sell copper: Experts

Buy crude & silver; sell copper: Experts

Priyank Upadhyay of SSJ Finance & Securities suggests buying crude at Rs 4,970 per bbl with stop loss below Rs 4,930 per bbl and pullback rally expected to Rs 5,030-5,050 per bbl.

March 11, 2013 / 13:08 IST
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Priyank Upadhyay of SSJ Finance & Securities suggests buying crude at Rs 4,970 per bbl with stop loss below Rs 4,930 per bbl and pullback rally expected to Rs 5,030-5,050 per bbl.

Dipen Shah of Stayvan.com recommends buying silver on dips around Rs 54,500 per kilogram with a stop loss of Rs 54,200 per kilogram for target of Rs 54,900 per kilogram to Rs 55,200 per kilogram on the higher side. Crude demand to improve; bearish on gold: Kishore Narne NS Ramaswamy of Ventura Securities advises going short on nickel in the range of Rs 912-915 per kilogram for target of Rs 901 per kilogram and beyond that to Rs 897 per kilogram with a stop loss of Rs 922 per kilogram. Dharmesh Bhatia of Kotak Commodities advocates short on copper.  Bhatia says, "Go short at higher levels around Rs 420-430 per kilogram maintaining a stop loss of Rs 433 and hold short for a target of previous low of Rs 423 to Rs 421 per kilogram."
first published: Mar 11, 2013 01:08 pm

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