HomeNewsBusinessMarketsToday's commodity basket: Gold, zinc, silver, copper

Today's commodity basket: Gold, zinc, silver, copper

Naveen Mathur of Angel Broking is bearish on zinc. He suggests a sell at Rs 107. He recommends a target of Rs 103 with a stop loss at Rs 107.60.

January 30, 2012 / 12:45 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Here are top expert's picks for trade today.

Zinc
Naveen Mathur of Angel Broking is bearish on zinc. He suggests a sell at Rs 107. He recommends a target of Rs 103 with a stop loss at Rs 107.60. Gold
Ashish Shah of Sushil Global Commodities says that in the coming week, gold may trade positive. Shah has seen a good technical breakout backed by good fundamentals of a weakening dollar. He suggests a buy on gold with a stop loss below Rs 27,900 for a target of Rs 28,150-28,300 on the higher side. Silver
Sumeet Bagadia of Destimoney Commodities recommends a buy on silver for traders. He suggests a buy at Rs 56,700-56,800 with a stop loss below Rs 56,300 and with a target of Rs 57,500 and 58,400. Copper
Kaushal Jaini of Dani Commodities finds that copper is just not falling below Rs 415-414 and that is a very serious support at these levels. Copper on a weekly or a fortnightly basis can test Rs 436-440. He recommends a buy at Rs 426 with a stop loss of Rs 425 and a target of Rs 432-434 levels.
first published: Jan 30, 2012 09:00 am

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!