Tag Archives: Destimoney Commodities

Commodity bets: Buy crude, copper & gold; sell lead

17 Jun

Renisha Chainani of Edelweiss suggests buying crude at Rs 5,600 per bbl with stop loss of Rs 5,550 per bbl and targets at Rs 5,670 per bbl and Rs 5,680 per bbl on higher side.

Sugandha Sachdeva of Religare Commodities advises buying copper at Rs 406 per kilogram, keeping stop loss at Rs 403 per kilogram and prices likely to edge higher at Rs 415 per kilogram.

Dharmesh Bhatia of Kotak Commodities advocates buying gold at Rs 27,700 per 10gm maintaining stop loss at Rs 27,500 per 10gm and hold for target of Rs 28,250 to Rs 28,350 per 10gm.

Sumeet Bagadia of Destimoney Commodities recommends selling lead. “Rise in prices till Rs 121 or Rs 122 per kilogram in MCX should be used as selling opportunity with stop loss to be placed at Rs 124 per kilogram on higher side for initial target of Rs 119 per kilogram and prices are able to break and give close below Rs 119 per kilogram then further selloff can be seen till Rs 117 per kilogram in two-three days,” Bagadia adds.

ShareTipsExpert offers free mcx tips for traders, to get free mcx tips now visit at: www.sharetipsexpert.com

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”.

Sharetipsexpert.com India’s No 1 stock market tips provider which offers mcx free tips for traders which help traders to know how much accurate their mcx tips. They also provide Natural Gas Commodity Tips, gold updates, copper tips, gold trading tips, silver tips, intraday tips for traders, traders can make good profit in commodity market.