Sell MCX Gold August; target of Rs 27200: Geojit Comtrade

Written By Unknown on Selasa, 08 Juli 2014 | 16.03

Geojit Comtrade has come out with its report on metals and energy. According to the research firm, one can sell MCX Gold August around Rs 27500 levels with a stop loss above Rs 27700 for the target price of Rs 27200.

Geojit Comtrade's technical updates on commodities:

MCX Gold Aug : Sell around 27500 levels with a stop loss placed above 27700 levels for targets of 27200 levels.
 
MCX Silver Sep : Sell around 44800 levels with a stop loss placed above 45500 levels for targets of 44000 levels.

MCX Crude July : Sell around 6220 levels with a stop loss placed above 6270 levels for targets of 6110 levels.
 
MCX Natural Gas July : Sell around 255 levels with a stop loss placed above 260 levels for targets of 248 levels.
 
MCX Copper Aug : Sell around 436 levels with a stop loss placed above 440 levels for targets of 428 levels.

MCX Nickel July : Sell around 1170 levels with a stop loss placed above 1195 levels for targets of 1130 levels.
 
MCX Lead July : Sell around 131 levels with a stop loss placed above 132 levels for targets of 128 levels.
 
MCX Zinc July : Sell around 136 levels with a stop loss placed above 137 levels for targets of 134 levels.
 
MCX Aluminium July : Sell around 115 levels with a stop loss placed above 116 levels for targets of 113 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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