Dec 26, 2013 02:26 PM IST
In an interview to CNBC-TV18, Kunal Shah, Nirmal Bang Commodities shared reading and outlook on various commodities like gold, silver and natural gas.
- Nov 06, 2013 01:49 PM IST
Nirmal Bang Nirmal Bang is structurally bearish on gold, but from short-term perspective.
- Oct 23, 2013 05:39 PM IST
Kunal Shah, Nirmal Bang Commodities recommends going short on MCX copper at Rs 454-455 per kg with a stop loss placed above Rs 459 per kg and for a target of Rs 448 per kg.
- Oct 31, 2012 11:01 AM IST
Dharmesh Bhatia of Kotak Commodities recommends buying gold on MCX at Rs 30,900 per 10 grams levels. Bhatia says, "Place a stop loss for this trade at Rs 30,850 for upside targets of Rs 31,200-31,250."
- Oct 03, 2012 11:13 AM IST
N Prasad of Safetrade Advisors suggests selling gold MCX December contract at Rs 31,440 per 10 grams. Prasad propose placing a stop loss at Rs 31,500 per 10 grams for downside target of Rs 31,310 per 10 grams.
- Oct 01, 2012 11:20 AM IST
Kunal Shah of Nirmal Bang Commodities recommends shorting crude on MCX at Rs 4,910 per barrel. Shah says, "Keep a stop loss for this trade around Rs 4,945 per barrel for targets of Rs 4,840 per barrel."
- Aug 31, 2012 10:49 AM IST
NS Ramaswamy, Ventura Securities of recommends buying crude MCX September contract above Rs 5,275 per barrel. He advises this with a target of Rs 5,345 per barrel and beyond that, on an intraday, to Rs 5,380 per barrel.
- Aug 30, 2012 10:44 AM IST
Kunal Shah, Nirmal Bang Commodities believes that crude still looks weak. He saw a massive built up in inventory for crude oil yesterday and feels that oil prices are likely to go down. He advocates going short in MCX crude oil at Rs 5,325 per barrel with a stop loss of Rs 5,375 per barrel for target levels of Rs 5,240 per barrel.
- Aug 28, 2012 10:38 AM IST
Renisha Chainani of Edelweiss expects crude oil prices to move up from here. At MCX she advises buying crude oil around Rs 5,420 per barrel with a stop loss of Rs 5,395 per barrel and target of Rs 5,460 per barrel for intraday traders.
- Aug 27, 2012 10:40 AM IST
Renisha Chainani of Edelweiss feels that at comex, gold has given a breakout of its three months range of USD 1530-1630 per ounce. She expects prices to continue till USD 1700 per ounce in one or two days.
- Aug 14, 2012 10:35 AM IST
Priyank Upadhyay of SSJ Finance & Securities reckons that gold prices are forming above Rs 30,000 per 10 grams and are headed higher towards the Rs 30,300-30,500 per 10 grams in medium term.
- Aug 13, 2012 10:36 AM IST
N Prasad of Safetrade Advisors advises buying MCX crude oil August contract around Rs 5,120 per barrel with a stop loss of Rs 5,090 per barrel for a target of Rs 5,170 per barrel.
- Jul 20, 2012 10:45 AM IST
Dipen Shah, Business Head of Stayvan.com advises buying crude around Rs 5,050 per barrel levels with stop loss of Rs 4,990 per barrel for target of Rs 5,100-5,150 per barrel.
- Jul 19, 2012 10:58 AM IST
Renisha Chainani of Edelweiss recommends buying MCX crude oil August contract around Rs 4,970-4,980 per barrel levels with the stop loss of Rs 4,950 per barrel for targets of Rs 5,020-5,050 per barrel on the higher side.
- Jul 17, 2012 10:41 AM IST
Renisha Chainani of Edelweiss feels that NYMEX crude oil is in the formation of inverse head and shoulder and sees a breakout above USD 88.5 per barrel. She believes that at MCX prices are trading in the range of Rs 4,700-4,800 per barrel.
- Jul 16, 2012 10:26 AM IST
Renisha Chainani of Edelweiss recommends buying gold above Rs 29,350 per kilogram levels stop loss should be kept at Rs 29,200 per kilogram and targets would be around Rs 29,600 per kilogram.
- Jul 06, 2012 09:25 AM IST
Kunal Shah of Nirmal Bang Commodities feels that inspite of yesterday‘s correction, there is lot of opportunity and one should go long in silver. So, he recommends going long on silver at Rs 53,500 per kilogram with a stop loss placed below Rs 53,250 per kilogram and he expects prices to move up and test levels of Rs 54,150 per kilogram.
- Jul 05, 2012 09:14 AM IST
NS Ramaswamy of Ventura Securities recommends buying gold below Rs 29,600 per 10 grams levels for a target of Rs 29,725 per 10 grams and beyond that on an intraday basis to Rs 29,900 on expectations of the Bank of England and the European Central Bank rate cuts.
- Jul 04, 2012 09:40 AM IST
Dipen Shah of Stayvan.com believes that on the MCX, due to the appreciation of the Indian rupee there has been a fall in gold prices and he expects more profit bookings and further fall in it.
- Jul 03, 2012 09:08 AM IST
Kunal Shah of Nirmal Bang Commodities recommends going short on crude oil at Rs 4,620 per barrel with a stop loss placed above Rs 4,650 per barrel for targets of Rs 4,550 per barrel.
- May 15, 2012 09:36 AM IST
Dipen Shah of Stayvan.com thinks that gold prices saw a fall on commodity exchange but a weakening rupee is adding support to the prices on MCX.
- May 14, 2012 09:21 AM IST
NS Ramaswamy of Ventura Securities feels that the MCX crude May contract is a buy in the range of Rs 5125-5140 per barrel. He reckons that after witnessing a sharp fall of 14% from USD 110.53 per barrel witnessed on 1st March, the dollar NYMEX crude has tumbled close to USD 95 per barrel.
- Apr 11, 2012 09:24 AM IST
Kunal Shah, head of research - Commodities at Nirmal Bang Commodities feels that investors should go short in oil at Rs 5,270 per barrel with a stop loss placed above Rs 5,310 per barrel and expect prices to move and test levels of Rs 5,190 per barrel.
- Apr 10, 2012 12:41 PM IST
Kunal Shah, head of research – commodities of Nirmal Bang Commodities says, there could be some bounce back in crude, but I think it should be sold.
- Apr 09, 2012 09:27 AM IST
Kunal Shah, head of research - commodities at Nirmal Bang Commodities feels that the long going crisis between US and Iran is seen moderating, due to which he expects crude oil prices to remain under pressure.