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How to trade in commodities today
Source: IRIS | 11 Apr, 2014, 12.06PM
Rating: NAN / 5 stars.
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Amit Gupta, research head, Kedia Commodity Comtrade gave following technical strategies on base metals and energy space:

Sell MCX Gold June contract at Rs 28,900 with stop loss Rs 28,980 and target Rs 28,740-28,560.

Sell MCX Silver May contract at Rs 43,700 with stop loss Rs 43,980 and target Rs 43,520-43,160.

Buy MCX Crude Oil April contract at Rs 6,180 with stop loss Rs 6,140 and target Rs 6,220-6,260.

Sell MCX Copper April contract at Rs 408 with stop loss Rs 410 and target Rs 405.20-402.50.

Buy MCX Zinc March contract at Rs 122.50 with stop loss Rs 121.50 and target Rs 123.50-124.50.

Buy MCX Nickel March contract at Rs 1,026 with stop loss Rs 1,010 and target Rs 1,038-1,060.

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