Expert tips to trade crude, silver, natural gas, copper

NS Ramaswamy of Ventura Securities recommends selling MCX silver December contract below Rs 62,400 per kilogram. Ramaswamy says, "Place a stop loss for this trade at Rs 62,800 per kilogram for target price of Rs 61,700-61,500 per kilogram."

November 23, 2012 / 12:12 IST
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Dipen Shah of Stayvan.com advises buying crude on MCX on dips to Rs 4,750 per barrel with a stop loss of Rs 4,700 per barrel for targets of Rs 4,800-4,850 per barrel.

NS Ramaswamy of Ventura Securities recommends selling MCX silver December contract below Rs 62,400 per kilogram. Ramaswamy says, "Place a stop loss for this trade at Rs 62,800 per kilogram for target price of Rs 61,700-61,500 per kilogram." Also Read: Sell Gold below Rs 31850 for intraday: Nirmal Bang Renisha Chainani of Edelweiss advocates buying natural gas on MCX at Rs 215 per mmbtu. “Keep a stop loss for this trade at around Rs 213 per mmbtu for an upside target of Rs 218-220 per mmbtu,” he adds. Priyank Upadhyay of SSJ Finance & Securities suggests buying copper on MCX at Rs 425 per kilogram. Upadhyay adds, “Place a stop loss for this trade 422 per kilogram for targets of Rs 430-432 per kilogram on the higher side.
first published: Nov 23, 2012 11:17 am

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