Tag Archives: aluminum

Trading tips for gold, copper, natural gas & aluminum

9 May

Dharmesh Bhatia of Kotak Commodities suggests buying MCX gold around Rs 26,800 per 10gm. Place a stop loss for this trade at Rs 26, 700 per 10gm for target of Rs 27,200-27,350 per 10gm.

Renisha Chainani of Edelweiss advises selling MCX copper around Rs 398-399 per kilogram with a stop loss at Rs 401 per kilogram and a target of Rs 393-395 per kilogram.

Ravindra Rao of Motilal Oswal recommends selling natural gas on MCX around Rs 216-218 per kilogram. “Maintain a stop loss for this trade at Rs 224 per kilogram for a target of Rs 204-205 per kilogram”,Rao adds.

Sumeet Bagadia of Destimoney Commodities advocates buying MCX aluminum on dips to Rs 102 per kilogram levels. Bagadia says, “Keep a stop loss for this trade at Rs 101 per kilogram for a target of Rs 103.50105 per kilogram”.

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