Buy MCX Silver Dec; target of Rs 39400: Geojit Comtrade

Written By Unknown on Selasa, 07 Oktober 2014 | 18.00

Geojit Comtrade has come out with its report on metals and energy. According to the research firm, one can buy MCX Silver December around Rs 38700 levels with a stop loss below Rs 38400 for the target price of Rs 39400.

Geojit Comtrade's technical updates on commodities:

MCX Silver Dec : Buy around 38700 levels with a stop loss placed below 38400 levels for targets of 39400 levels.

MCX Gold Dec : Buy around 26700 levels with a stop loss placed below 26500 levels for targets of 27000 levels.
 
MCX Crude Oct : Sell around 5570 levels with a stop loss placed above 5650 levels for targets of 5470 levels.
 
MCX Natural Gas Oct : Sell around 241 levels with a stop loss placed above 245 levels for targets of 232 levels.
 
MCX Copper Nov : Sell around 416 levels with a stop loss placed above 419 levels for targets of 412 levels.

MCX Nickel Oct : Sell around 1030 levels with a stop loss placed above 1050 levels for targets of 1000 levels.
 
MCX Lead Oct : Sell around 130 levels with a stop loss placed above 131 levels for targets of 128 levels.
 
MCX Zinc Oct : Sell around 142.50 levels with a stop loss placed above 144 levels for targets of 140 levels.
 
MCX Aluminium Oct : Sell around 118 levels with a stop loss placed above 119 levels for targets of 116 levels.

(Prices in Rs.)

For all commodities report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here


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