Ram Pitre of ITI advocates buying gold MCX December contract at Rs 32,120-32,160 per 10 grams. Pitre says, "Keep a stop loss for this trade at Rs 32,020 for upside target of Rs 32,300-32,400 per 10 grams."
Sreekanth Jha of PJ Commodity Ventures recommends buying silver on MCX at Rs 62,000 per kilogram for targets in the range of Rs 63,000-63,500 per kilogram on the higher side. Also Read: Gold eases despite firm euro, off 1-month high Ashish Kyal of Waves Strategy Advisors suggests selling crude on MCX below Rs 4,880 per barrel. "Maintain a stop loss for this trade at Rs 4,930 per barrel for targets of Rs 4,800 per barrel," Kyal adds. Hitesh Jain of India Infoline advises buying copper MCX November contract at Rs 429 per kilogram. "Place a stop loss for this trade at Rs 424 per kilogram for target of Rs 436 per kilogram," Jain adds.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!