N S Ramaswamy head of commodities at Ventura Securities recommends going long on silver MCX Dec, above Rs 60,250 per kilogram looking out for the target of Rs 60,750-61,200 per kilogram on an intra day basis with a stop loss on Rs 59,900 per kilogram.
N S Ramaswamy Head of Commodities at Ventura Securities recommends going long on silver MCX Dec, above Rs 60,250 per kilogram. "The target will be at Rs 60,750-61,200 per kilogram on an intra day basis with a stop loss on Rs 59,900 per kilogram." he adds, - moneycontrol
Sumeet Bagadia Sumeet Bagadia Work Head - Commodities & Currency Research at Destimoney Commodities is expecting lead prices to move down and touch levels of Rs 108 per kilogram in one or two days. "So lead MCX can be sold at Rs 112 per kilogram with a stop loss at Rs 113.70 per kilogram and initial target of Rs 110 per kilogram" he adds.
Dharmesh Bhatia the Associate Vice President at Kotak Commodities says any rise in aluminum MCX towards 104 per kilogram is a good level to short, with a stop loss at 105.50 per kilogram and target of 102-101 per kilogram.
Hitesh Jain Research Analyst at IIFL recommends buying gold MCX at Rs 31,030 per 10 grams with the stop loss at Rs 30,930 per 10 grams and target of Rs 31,280 per 10 grams.
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