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Experts share trading tips for gold, crude, copper & nickel

Dharmesh Bhatia of Kotak Commodities advises buying MCX crude around Rs 5,150-5,160 per barrel with a stop loss at Rs 5,060 per barrel and a target of Rs 5,280-5,300 per barrel.

May 15, 2013 / 07:31 IST
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Dharmesh Bhatia of Kotak Commodities advises buying MCX crude around Rs 5,150-5,160 per barrel with a stop loss at Rs 5,060 per barrel and a target of Rs 5,280-5,300 per barrel.

Dipen Shah of Stayvan.com recommends selling gold on MCX around Rs 27,100-27,150 per 10gm. "Maintain a stop loss for this trade at Rs 27,250 per 10gm for a target of Rs 26,600-26,700 per 10gm", Shah adds. Priyank Upadhyay of SSJ Finance & Securities suggests buying copper on dips around Rs 405 per kilogram. Place a stop loss for this trade below Rs 400 per kilogram for a target of Rs 412-415 per kilogram. Hitesh Jain of IIFL advocates selling nickel around Rs 845 per kilogram. Jain says, "Keep a stop loss for this trade at Rs 854 per kilogram for a target of Rs 830 per kilogram".
first published: May 14, 2013 11:23 am

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