HomeNewsBusinessMarketsCommodity bets: Buy gold, sell crude & nickel, say experts

Commodity bets: Buy gold, sell crude & nickel, say experts

Dipen Shah of Stayvan.com recommends buying gold on MCX on dips at Rs 26,800 per 10gm. "Maintain a stop loss for this trade at Rs 26,680 per 10gm for an upside target of Rs 27,100-27,200 per 10gm", Shah adds.

May 03, 2013 / 11:22 IST
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Priyank Upadhyay of SSJ Finance & Securities advocates selling nickel MCX around Rs 810-815 per kilogram with a stop loss at Rs 830 per kilogram and a target of Rs 780 per kilogram.

Dipen Shah of Stayvan.com recommends buying gold on MCX on dips at Rs 26,800 per 10gm. "Maintain a stop loss for this trade at Rs 26,680 per 10gm for an upside target of Rs 27,100-27,200 per 10gm", Shah adds. Shreekanth Jha of PJ Commodity Ventures advises selling MCX crude with a stop loss of Rs 5,100 per barrel for a target of Rs 4,800 per barrel.
first published: May 3, 2013 11:22 am

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