Buy Gold on dips around Rs 26500: Nirmal Bang
Nirmal Bang has come out with its technical report on metals & energy. One can buy Gold on dips around Rs 26500 with a stop loss of Rs 26380, says the research firm.
July 17, 2013 / 14:00 IST
Nirmal Bang's report on metals & energy
Gold price are expected to trade positive one can buy on dips around 26500 maintaining a stop loss below 26380.Prices are expected to test 26900 on higher end.Silver prices are expected to trade sideways to positive one can buy around 41100 -41000 with a stop loss below 40600. Prices are expected to test 42000 - 42200 on higher end.Copper price are expected to trade within the range from 423 to 415 one can buy on dip maintaining a stop loss below 415.Nickel prices are expected to trade within the range from 805 to 835 for the day. One can trade within the range with a positive bias.Lead prices are expected to trade sideways to positive one can buy on dips around 122.30 with a stop loss above 121.00 for the target at 124.00.Crude oil prices are expected to witness a sideways to down move one can sell around 6280 with a stop loss above 6325. Prices are expected to test 6250 on lower end.(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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