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Gold, copper may rise; here's how you can trade them

Hitesh Jain of India Infoline Link recommends buying gold on MCX at 30,720 per 10 grams. "Maintain a stop loss for this trade at Rs 30,580 per 10 grams for upside target of Rs 30,930 per 10 grams," Jain further adds.

January 15, 2013 / 12:44 IST
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Hitesh Jain of India Infoline Link recommends buying gold on MCX at 30,720 per 10 grams. "Maintain a stop loss for this trade at Rs 30,580 per 10 grams for upside target of Rs 30,930 per 10 grams," Jain further adds.

Ram Pitre of Anand Rathi Commodities suggests buying copper on MCX at Rs 442-444 per kilogram levels. Pitre adds, "Keep a stop loss for this trade at Rs 440 per kilogram for upside target of Rs 449-451 per kilogram." Also Read: Check out: Common age-related asset allocation myths Renisha Chainani of Edelweiss advocates selling zinc on MCX at Rs 109.50 per kilogram. Chainani says, "Place a stop loss for this trade at Rs 112 per kilogram for target of Rs 107-105.50 on the lower side."
first published: Jan 15, 2013 10:58 am

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