Mar 15, 2013, 12.27 PM IST
Nirmal Bang has come out with its technical report on Gold, Silver, Copper, Nickel, Lead and Crude Oil. According to the research firm, MCX Silver prices are likely to trade weak. One can sell the white metal at Rs 54500-54600 with a stoploss above Rs 55000.
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Sell MCX Silver at Rs 54500-54600: Nirmal Bang
Nirmal Bang has come out with its technical report on Gold, Silver, Copper, Nickel, Lead and Crude Oil. According to the research firm, MCX Silver prices are likely to trade weak. One can sell the white metal at Rs 54500-54600 with a stoploss above Rs 55000.
Like this story, share it with millions of investors on M3
Sell MCX Silver at Rs 54500-54600: Nirmal Bang
Nirmal Bang has come out with its technical report on Gold, Silver, Copper, Nickel, Lead and Crude Oil. According to the research firm, MCX Silver prices are likely to trade weak. One can sell the white metal at Rs 54500-54600 with a stoploss above Rs 55000.
Gold prices are expected to trade sideways from 29600 to 29300, the trend remains weak one can trade within the range.
Silver prices are likely to trade weak. One can sell the white metal at 54500 -54600 with a stop above 55000.
Copper prices are expected to trade within the range from 432 to 424 one can trade within the range.
Nickel prices are expected to edge higher till 945 -950 one can buy on dips at 925 -920 with a stop loss below 910.
Lead prices are expected to resists the important level at 123. One can expected a range bound move from 120 to 123.
Crude price are expected to trade within the range from 5080 to 5000. One can trade within the range with a positive bias. If sustains above 5010 prices are expected to bounce till 5050-5070.
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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