Amit Gupta, research head, Kedia Commodity Comtrade gave following technical strategies on base metals and energy space:
Sell MCX Gold October contract below Rs 28,400 with stop loss Rs 28,540 and target Rs 28,320-28,180.
Sell MCX Silver September contract above Rs 42,700 with stop loss Rs 42,950 and target Rs 42,550-42,200.
Sell MCX Crude Oil August contract above Rs 5,700 with stop loss Rs 5,745 and target Rs 5,656-5,620.
Buy MCX Copper August contract below Rs 418-419 with stop loss Rs 422.20 and target Rs 415.40-412.50-409.
Sell MCX Zinc August contract above Rs 139.50 with stop loss Rs 138.50 and target Rs 140.50-142.
Buy MCX Nickel August contract above Rs 1,126-1,130 with stop loss Rs 1,144 and target Rs 1,118-1,106-1,098.
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