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Experts positive on copper, nickel; bearish on natural gas

Dipen Shah of stayvan.com advises selling crude on MCX at Rs 4,740 per barrel. "Maintain a stop loss for this trade at Rs 4,770 per barrel for targets of Rs 4,680-4,640 per barrel," Shah adds.

December 18, 2012 / 13:44 IST
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Dipen Shah of stayvan.com advises selling crude on MCX at Rs 4,740 per barrel. "Maintain a stop loss for this trade at Rs 4,770 per barrel for targets of Rs 4,680-4,640 per barrel," Shah adds.

Dharmesh Bhatia of Kotak Commodities suggests selling natural gas on MCX at Rs 183-184 per mmbtu with a stop loss at Rs 188 per mmbtu for target of Rs 177 per mmbtu. Also Read: Gold may trade in Rs 31370-31000 range today: Nirmal Bang Renisha Chainani of Edelweiss Financial Services recommends buying nickel on MCX at Rs 970 per kilogram. Chainani says, "Place a stop loss for this trade at Rs 964 per kilogram for upside target of Rs 980-985 per kilogram." Sumeet Bagadia of Destimoney Commodities advocates buying copper on MCX at Rs 445-446 per kilogram. Bagadia says, "Keep a stop loss for this trade at RS 442 per kilogram for upside targets of Rs 451-455 per kilogram."
first published: Dec 17, 2012 11:19 am

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