HomeNewsBusinessMarketsExperts' strategies for gold, crude, nickel & natural gas

Experts' strategies for gold, crude, nickel & natural gas

Sumeet Bagadia of Destimoney Commodities advocates buying MCX gold around Rs 27,000 per 10gm levels. Bagadia says, "Keep a stop loss for this trade at Rs 26,850 per 10gm for a target of Rs 27,200-27,400 per 10gm".

May 06, 2013 / 12:13 IST
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Ravindra Rao of Motilal Oswal advises selling MCX nickel around Rs 826-830 per kilogram. "One can place a stop loss at Rs 842 per kilogram and a target of Rs 780-800 per kilogram", Rao adds.

Renisha Chainani of Edelweiss recommends selling MCX natural gas around Rs 220 per kilogram with a stop loss at Rs 224 per kilogram and a target price of Rs 210-212 per kilogram. Dharmesh Bhatia of Kotak Commodities suggests buying MCX crude around Rs 5,050-5,075 per barrel. He places a stop loss for this trade at Rs 5,000 per barrel for a target of Rs 5,200-5,220 per barrel. Sumeet Bagadia of Destimoney Commodities advocates buying MCX gold around Rs 27,000 per 10gm levels. Bagadia says, "Keep a stop loss for this trade at Rs 26,850 per 10gm for a target of Rs 27,200-27,400 per 10gm".
first published: May 6, 2013 12:13 pm

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