HomeNewsBusinessMarketsHere's how you should trade gold, crude post correction

Here's how you should trade gold, crude post correction

Dipen Shah of Stayvan.com recommends buying gold on MCX. "Maintain a stop loss for this trade at Rs 25,460 per 10gm for a target of Rs 25,750-25,800 per 10gm," Shah adds.

April 18, 2013 / 11:31 IST
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Dipen Shah of Stayvan.com recommends buying gold on MCX. "Maintain a stop loss for this trade at Rs 25,460 per 10gm for a target of Rs 25,750-25,800 per 10gm," Shah adds.

Hitesh Jain of IIFL advocates selling MCX copper at Rs 381 per kilogram levels with a stop loss at Rs 384.10 per kilogram and a target of Rs 376 per kilogram. Shreekanth Jha of PJ Commodity Ventures advises selling MCX crude at Rs 4,850 per barrel for a target of Rs 4,650 per barrel. Ravindra Rao of Motilal Oswal Commodities suggests buying MCX natural gas at Rs 226 per kilogram. Rao Says, "Keep a stop loss for this trade at Rs 222 per kilogram with an initial target of Rs 234 per kilogram followed by Rs 240 per kilogram".
first published: Apr 18, 2013 11:31 am

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