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Buy MCX Silver May around Rs 54300; target Rs 55000: Geojit

Geojit Comtrade has come out with its technical report on Gold, Silver, Crude, Natural Gas, Copper, Nickel, Lead, Zinc and Aluminium. According to the research firm, one can buy MCX Silver May around Rs 54300 levels with a stop loss below Rs 54000 levels for a target of Rs 55000 levels.

March 21, 2013 / 19:17 IST

Geojit Comtrade has come out with its technical report on Gold, Silver, Crude, Natural Gas, Copper, Nickel, Lead, Zinc and Aluminium. According to the research firm, one can buy MCX Silver May around Rs 54300 levels with a stop loss below Rs 54000 levels for a target of Rs 55000 levels.

Technical Updates:
 
MCX Gold April : Buy around 29600 levels with a stop loss placed below 29500 levels for targets of 29800 levels.
 
MCX Silver May : Buy around 54300 levels with a stop loss placed below 54000 levels for targets of 55000 levels.
 
MCX Crude April : Buy around 5070 levels with a stop loss placed below 5030 levels for targets of 5130 levels.

MCX Natural Gas March : Buy around 214 levels with a stop loss placed below 212 levels for targets of 217 levels.
 
MCX Copper April : Buy around 418 levels with a stop loss placed below 415 levels for targets of 422 levels.

MCX Nickel March : Buy around 912 levels with a stop loss placed below 900 levels for targets of 935 levels.
 
MCX Lead March : Buy around 118.50 levels with a stop loss placed below 117 levels for targets of 121 levels.
 
MCX Zinc March : Buy around 104 levels with a stop loss placed below 103 levels for targets of 106 levels.

MCX Aluminium March : Buy around 104 levels with a stop loss placed below 103 levels for targets of 106 levels.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click on the attachment

first published: Mar 21, 2013 07:17 pm

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