Guest: Crude oil and silver target today
Ashish Shah: For intraday trading, Crude oil can be bough at 3570 with s/l below 3550 for target of 3610 and in Silver you can buy around 38900 with stop loss below 38700 for target of Rs.39300
Guest: Is it the right time to trade in copper ?
Ashish Shah: Copper appears to be in down treand. You can Sell copper around 373 with s/l above 375 for target of 369
Guest: zinc futures according to you?
Ashish Shah: Zinc can sold on a breach of 172 level for target of 168 and s/l of 174
Guest: Should i sell turmeric at current level
Ashish Shah: Turmeric appears to be in short term up trend. It is likely to test 6920. You can go short around 6920 for target of 6690 with s/l above 7000
Guest: Natural gas outlook
Ashish Shah: For intraday, Natural gas can be bought of declines to 243 with s/l below 241 for target of Rs.247.
Guestt: Gold futures? is it the right time to buy
Ashish Shah: Gold prices could drop to Rs.26000 in the near term. Thereon down sides appear to be limited. If you want to invest in Gold , then yes it is the right time to accumulate for long term.
Guest: Mustard seed outlook
Ashish Shah: Mustard seed appears to be still in a down trend. You can sell on rallies to 4360 with s/l above 4440 for target of Rs.4200
Guest: Can i hold jeera? thanks
Ashish Shah: Jeera appears to be trading near its critical support placed at 16800. It is likely to consolidate between 16800 and 17500 for some time. So long as it trades above 16800 prices could target 17800.
Guest: Should i buy soybean now?
Ashish Shah: Soya bean is trading near its support zone placed between 2900 and 2600. Down sides appear to be very limited hereon. If you have a longer term objective of investing, then i would advise you to buy with s/l below 2600 for target of 3400.