Buy Gold; may test Rs 26900-26950: Nirmal Bang
According to Nirmal Bang Gold prices are expected to test Rs 26900-26950 levels on higher end. One can buy around Rs 26650-26600 maintaining a stop loss below Rs 26400.
July 19, 2013 / 13:17 IST
Nirmal Bang's report on metals & energy
Gold price are expected to trade positive prices are expected to test 26900 – 26950 on higher end. One can buy around 26650 - 26600 maintaining a stop loss below 26400.Silver prices are holding 39800 as support one can buy the white metal maintaining a stop below 39800. Prices are expected to test 41000 -41250 on higher end.Copper price are expected to trade sideways from 411 to 421 for trading one can buy with a stop loss below 411.Nickel prices are expected to trade within the range from 820 to 845 for the day. One can trade within the range with a negative bias and sell on rise around 840 -843 with a stop loss above 849.Lead prices are expected to trade sideways from 120 to 123.50 for trading one can buy around 121.00 with a stop below 120.Crude oil prices are expected to witness buying to continue one can buy on dips at 6420 with a stop loss below 6370 price are expected to test 6520.(Prices in Rs.)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.
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