N Prasad of Safetrade Advisors advises selling MCX copper around Rs 406.50 paise per kilogram with a stop loss of Rs 411 per kilogram for targets of Rs 398-399 per kilogram.
Weak demand can continue to put pressure on Gold: Emkay Dharmesh Bhatia of Kotak Commodities suggests buying crude on dips. "Any decline towards Rs 5,700 per barrel is a good level to accumulate maintaining a stop loss of Rs 5,650 per bbl and hold long for target around Rs 5,800 per bbl to Rs 5,850 per bbl on higher side," Bhatia adds. Sugandha Sachdeva of Religare Commodities advocates buying natural gas by initiating long positions at levels of Rs 212 per kilogram keeping stop loss at Rs 209 per kilogram and prices are expected to surge towards level of Rs 218 per kilogram in near term. Reena Rohit of Angel Broking recommends selling copper in near month contract at Rs 408 per kilogram levels with stop loss around Rs 411 per kilogram with downside target of Rs 403 per kilogram in today's trade.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
