Buy Gold on dips around Rs 26500: Nirmal Bang

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.)

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