Gold prices are expected to trade within the range from 29100 to 29500. One can buy on dips around 29250 - 29280 with a stop loss below 29100.
Silver prices may bounce till 45000 -45300. One can witness range bound session from 45300 to 44000. If prices sustain below 44700 one can short with a trading stop loss above 44850 for the target at 44150 -44000.
Copper price may witness profit taking till 457 -455 buying on dips is recommended with a stop loss below 453.
Nickel prices are expected to trade within the range from 885 to 865. One can buy on dips around 870 -868 with a stop loss below 858.
Lead prices are expected to trade positive one can buy on dips around 132.50 with a stop loss below 131.20. prices may test 135 on higher end.
Crude oil prices are expected to trade range bound from 5950 to 6100. One can buy around 5980 with a stop loss below 5930 for the target 6050 -6080.
(Prices in Rs.)
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Buy gold on dips; stoploss below Rs 29100: Nirmal Bang
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