HomeNewsBusinessMarketsHere's how to trade crude, zinc, copper today

Here's how to trade crude, zinc, copper today

Ram Pitre of Anand Rathi Commodities advises selling crude on MCX at Rs 5,360 – 5,370 per barrel with a stop loss at Rs 5,385 per barrel and a target of Rs 5,265 per barrel.

May 22, 2013 / 12:04 IST
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Ram Pitre of Anand Rathi Commodities advises selling crude on MCX at Rs 5,360 – 5,370 per barrel with a stop loss at Rs 5,385 per barrel and a target of Rs 5,265 per barrel.

Dharmesh Bhatia of Kotak Commodities suggests selling MCX zinc at Rs 102 per kilogram. Place a stop loss for this trade at Rs 103-104 per kilogram for target of Rs 98-97 per kilogram on the downside. Sugandha Sachdeva of Religare Commodities recommends buying natural gas on MCX at Rs 227-228 per kilogram. "Maintain a stop loss for this trade at Rs 223 per kilogram for an upside target of Rs 235-237 per kilogram", Sachdeva adds. Hitesh Jain of IIFL advocates buying copper on MCX at Rs 409 per kilogram. Jain says, "Keep a stop loss of this trade at Rs 406.50 per kilogram for an upside target of Rs 413 per kilogram".
first published: May 22, 2013 12:04 pm

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