Priti Gupta, Director at Anand Rathi Commodities expects a slight rebound in gold based on short coverings aided by the depreciating rupee. She suggests buying MCX Gold at Rs 29,700 per 10gm with a stop loss of Rs 29,658 per 10gm and an initial target of Rs 29,800 per 10gm followed by Rs 29,900 per 10gm.
first published: Mar 4, 2013 11:57 am
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