The Dec contract on MCX for crude can be bought on dips to Rs 4,700 per barrel with a stop loss at Rs 4,650 per barrel and target of Rs 4,825 per barrel, said Comm Trendz Research & Fund Management's T Gnanasekar. Gold having reached an unmarked territory, PJ Commodity Ventures' Shreekant Jha said that the next target is Rs 29,000 per 10 gram.
first published: Nov 9, 2011 10:28 am
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