Dipen Shah of Stayvan.com advocates selling crude MCX on rise up to Rs 5,200 per barrel. "Maintain stop loss for this trade at Rs 5,225 per barrel with initial target of Rs 5,125 per barrel and Rs 5,120 per barrel", he adds.
Dipen Shah of Stayvan.com advocates buying gold MCX on dips upto Rs 30,300 per 10gm. Stop loss should be placed at Rs 30,200 per 10gm for an upside target of Rs 30,500 per 10gm.
Hitesh Jain of India Infoline Link advises buying gold MCX February contract at Rs 30,750 per 10 gram levels. Jain says, "Keep a stop loss for this trade at Rs 30, 650 per kilogram for upside target of Rs 30,950 per 10 grams."