HomeNewsBusinessMarketsCommodity bets: Buy gold, sell crude recommend experts

Commodity bets: Buy gold, sell crude recommend experts

Hitesh Jain of IIFL suggests buying MCX gold at Rs 29,650 per 10gm with a target of Rs 29,850 per 10gm and a stop loss at Rs 29,550 per 10gm.

March 04, 2013 / 12:23 IST
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Sugandha Sachdeva of Religare Commodities recommends buying MCX lead at Rs 123 per kilogram. "Keep a stop loss at Rs 121.80 per kilogram on the downside and look for a target of Rs 125.50 per kilogram on the higher side", she adds.

Sreekanth Jha of PJ Commodity Ventures advises selling MCX crude at Rs 5,050 per barrel with a target of Rs 4,950 per barrel. Priyank Upadhay of SSJ Finance & Securities says, "We suggest buying MCX nickel at Rs 913-915 per kilogram with a stop loss below Rs 900 per kilogram and a target of Rs 935-940 per kilogram". Hitesh Jain of IIFL suggests buying MCX gold at Rs 29,650 per 10gm with a target of Rs 29,850 per 10gm and a stop loss at Rs 29,550 per 10gm.
first published: Mar 4, 2013 12:23 pm

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