Commodity bets: Buy gold, sell silver & crude

15 May

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.

Hitesh Jain of IIFL advocates selling natural gas around Rs 220 per kilogram. Jain says, “Keep a stop loss for this trade at Rs 224.30 per kilogram for a target of Rs 213 per kilogram”.

Dipen Shah of Stayvan.com recommends buying MCX silver on dips around Rs 44,200 per kilogram. “Maintain a stop loss for this trade at Rs 43,900 per kilogram for a target of Rs 45,200 per kilogram”, Shah adds.

Sreekanth Jha of PJ Commodity Ventures advises selling MCX crude around Rs 5,250 per barrel with a target of Rs 5,100-5,150 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.

With the help of expert tips traders can make good profit in commodity trading.. Read more

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