Dipen Shah of Stayvan.com recommends selling gold on MCX. "Maintain a stop loss for this trade at Rs 28,400 per 10gm for a target of Rs 27,900 per 10gm", Shah adds.
Reena Rohit of Angel Commodity Broking advocates selling MCX gold. She says, "Keep a stop loss for this trade at Rs 27,950 per 10gm for a target of Rs 27,500 per 10gm".
Dharmesh Bhatia of Kotak Commodities suggests buying MCX crude. Place a stop loss for this trade at Rs 6,150 per barrel for a target of Rs 6,350-6,400 per barrel.
Reena Rohit of Angel Broking advises buying MCX crude with a stop loss at Rs 6,260 per barrel for a target of Rs 6,424 per barrel.
Priyank Upadhyay of SSJ Finance & Securities suggests selling gold around Rs 26,800-26,850 per 10gm. Place a stop loss for this trade at Rs 27,000 per 10gm for a target of Rs 26,300-26,400 per 10gm.
Dharmesh Bhatia of Kotak Commodities advises buying MCX crude around Rs 5,150-5,160 per barrel with a stop loss at Rs 5,060 per barrel and a target of Rs 5,280-5,300 per barrel.
Dipen Shah of Stayvan.com recommends selling gold on MCX around Rs 27,100-27,150 per 10gm. "Maintain a stop loss for this trade at Rs 27,250 per 10gm for a target of Rs 26,750-26,800 per 10gm", Shah adds.
Dipen Shah of Stayvan.com recommends buying gold on MCX on dips at Rs 26,800 per 10gm. "Maintain a stop loss for this trade at Rs 26,680 per 10gm for an upside target of Rs 27,100-27,200 per 10gm", Shah adds.
Dipen Shah of Stayvan.com recommends buying gold on MCX. "Maintain a stop loss for this trade at Rs 25,460 per 10gm for a target of Rs 25,750-25,800 per 10gm," Shah adds.
Dipen Shah of Stayvan.com advises buying crude. Shah says, "On MCX any dips in prices towards Rs 5,250 per bbl should be bought into with a strict stop loss of Rs 5,175 per bbl and expect Rs 5,350-5,400 per bbl on the higher side."
N Prasad of Safetrade Advisors advises selling MCX gold at Rs 29,600 per 10gm. He adds, "Keep a stop loss at Rs 29,850 per 10gm with a target of Rs 29,380 per 10gm".
Sumeet Bagadia of Destimoney Commodities advises buying MCX gold at Rs 29,550 per 10gm. He says, "Place a stop loss at Rs 29,400 per 10gm on the lower side for an upside target of Rs 29,700 per 10gm. If prices are able to break and give close to Rs 29,700 per 10gm then further upside rally can be seen till Rs 29,800 per 10gm in next one-two days".
Dipen Shah of stayvan.com recommends buying MCX silver at Rs 53,100 per kilogram with a stop loss at Rs 52,900 per kilogram and a target of Rs 53,800-53,900 per kilogram.
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.
Shreekanth Jha of PJ Commodity Ventures advises selling gold on MCX at Rs 31,100 per 10 grams. Jha‘s target for this trade is at Rs 30,850 per 10 grams.
Shreekanth Jha of PJ Commodity Ventures advices selling gold MCX at Rs 31000 per 10 gram. Jha‘s target is at Rs 30800 per 10 gram.
Shreekant Jha, Managing Director at PJ Commodity Ventures feels that crude has started coming down and it is very close to the levels we were talking about which is Rs 5,000 per barrel. So he suggests hanging on to the short positions and perhaps booking profit around Rs 5,000 per barrel levels.
Reena Walia, Sr. Research Analyst - International Commodities at Angel Broking expects gold prices to rise from an intraday perspective and for today‘s trade she recommends buying MCX gold June contract around Rs 28,900 per 10 grams levels.
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.
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.
Dipen Shah of stayvan.com feels that there will be a fall in commodity exchange for gold prices and the rupee could find support here. He reckons that this would inevitably lead to a fall on gold prices on MCX also.
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.
Ram Pitre of ITI feels that the oil market has found equilibrium right now trading in the range between USD 100.68-105.45 per barrel in international market. He thinks that either side break will give a clear trend.
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.