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The move is likely a function of a massive short-covering by traders who were holding bearish positions on the commodity.
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Gold is one of the best insurance for wealth managers from now on because the downside is limited from here and there can be a huge upside if the global economy slows down sharply
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MOSt Commodities has come out with its report on metals & energy. The research firm continues with its positive bias on MCX Gold and advises to go long on dips in Gold.
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Dani Commodities has come out with its report on metals & energy. According to the research firm, one can buy MCX Gold above Rs 28850 with a stop loss above Rs 28780 for target price of Rs 28960.
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Dani Commodities has come out with its report on metals & energy. According to the research firm, one can sell MCX Crude oil below Rs 6435 with a stop loss of Rs 6460 for target of Rs 6400.
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Dani Commodities has come out with its report on metals and energy. According to the research firm, one can buy MCX Silver at Rs 49050 with a stop loss of Rs 48900 for target price of Rs 49450.
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Angel Commodities has come out with its special technical report on MCX Nickel. According to the research firm, one can buy MCX Nickel August contract between Rs 852-848 with a stop loss of Rs 837 for target price of Rs 874.
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Dani Commodities has come out with its report on bullion, metals and energy. According to the research firm, one can buy MCX Gold at Rs 29650 with a stop loss of Rs 29600 for the target of Rs 29740.
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Dani Commodities has come out with its report on bullion, metals and energy. According to the research firm, one can buy MCX Crude above Rs 5273 with a stop loss of Rs 5249 for a target price of Rs 5310.
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Dani Commodities has come out with its report on bullion, metals and energy. According to the research firm, one can sell MCX Gold at Rs 29640 with a stoploss of Rs 29700 for a target price of Rs 29520.
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Dani Commodities has come out with its report on bullion, metals and energy. According to the research firm, one can sell MCX Gold at Rs 29820 with a stop loss of Rs 29890 for the target price of Rs 29720.
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Dani Commodities has come out with its report on crude oil and other commodities. According to the research firm, one can sell MCX Crude oil at Rs 5021 with a stop loss of rs 5041 for the target of Rs 4990.
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Dani Commodities has come out with its report on commodities. According to the research firm, one can sell MCX Copper at Rs 438.50 with a stop loss of Rs 440 for the target of Rs 436.50.
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Dani Commodities has come out with its report on commodities. According to the research firm, one can buy MCX Copper at Rs 446.50 with a stop-loss of Rs 444.30 for the target of Rs 448.50.
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Dani Commodities has come out with its report on commodities. According to the research firm, one can sell MCX Silver at Rs 62350 with a stop loss of Rs 62570 for the target of Rs 61900.
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Dani Commodities has come out with its report on commodities. According to the research firm, one can buy MCX GOLD at Rs 31355 with a stop-loss of Rs 31301 for the target of Rs 31425.
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Dani Commodities has come out with its report on commodities. According to the research firm, one can sell MCX Gold Feb at Rs 31190 with a stop-loss of Rs 31250 for the target of Rs 31110.
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Dani Commodities has come out with its report on commodities. According to the research firm, one can sell MCX Gold at Rs 31690 with a stop-loss of Rs 31740 for the target of Rs 31600.
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Fortune Financial Servies has come out with its report on bullion, energy and metals. According to the research firm, one can sell MCX Gold October contract around Rs 31320 with a stop-loss of Rs 31420, for the target of Rs 31190 & 31090.
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Fortune Financial Servies has come out with its report on bullion, energy and metals. According to the research firm, one can buy MCX Crude oil September around Rs 5340 with a stoploss Rs 5290, for the targets of Rs 5440 & 5490.
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Fortune Financial Servies has come out with its report on bullion, energy and metals. According to the research firm, one can sell around Rs 30150 with stoploss of Rs 30260, for the target of Rs 29940 & 29820.
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Fortune Financial Servies has come out with its report on bullion, energy and metals. According to the research firm, day traders can buy gold around Rs 29690 with a stoploss of Rs 29580, for the targets of Rs 29890 & 30000.
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Priyank Upadhya of SSJ Finance and Securities advises selling gold on rallies around Rs 29,250 per 10 grams with a stop loss of about Rs 29,350 per 10 grams and look for targets near Rs 29,000 per 10 grams.
