Nirmal Bang has come out with its technical report on metals and energy. According to the research firm, Gold prices are expected to witness a range bound move from Rs 29850 to Rs 29500. One can trade within the range.
Gold: One can buy around Rs 29550 for a bounce maintaining a stop loss below Rs 29430.
Silver prices are expected to test Rs 52800 Rs 53000 on higher end. One can buy around Rs 51900 maintaining a stop below Rs 51500.
Copper prices are expected to edge higher till Rs 418 Rs 419 one can buy on dips around Rs 413 -412 with a stop loss below Rs 409.50.
Nickel prices are expected to witness a range bound move from Rs 870 to Rs 890. One can trade within the range.
Lead prices are expected to trade sideways from Rs 114 to Rs 112. one can buy with a stop loss below Rs 111.20
Crude prices are expected to hold Rs 5040 on lower end we expect a range bound session from Rs 5170 to Rs 5040 for the day.
Gold: One can buy around Rs 29550 for a bounce maintaining a stop loss below Rs 29430.
Silver prices are expected to test Rs 52800 Rs 53000 on higher end. One can buy around Rs 51900 maintaining a stop below Rs 51500.
Copper prices are expected to edge higher till Rs 418 Rs 419 one can buy on dips around Rs 413 -412 with a stop loss below Rs 409.50.
Nickel prices are expected to witness a range bound move from Rs 870 to Rs 890. One can trade within the range.
Lead prices are expected to trade sideways from Rs 114 to Rs 112. one can buy with a stop loss below Rs 111.20
Crude prices are expected to hold Rs 5040 on lower end we expect a range bound session from Rs 5170 to Rs 5040 for the day.
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