Commodities Weekly Research Report 02-04-18 To 06-04-18

Weekly Commodity Technical Analysis and Forecast 10 To 14 January 2025

Trend Sideways ⇒ Buy Gold MCX Between 30425 – 30325, Stop Loss (CBSL) – 29944 Target – 30910 ↔ 31030 (Gold Sell Karna Mana Hai)

Trend Sideways ⇒ Buy Silver MCX Between 38150 – 37750, Stop Loss (CBSL) – 37333, Target – 39100 ↔ 39425 ↔ 40240 (Silver Sell Karna Mana Hai)

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Dilip Buildcon Surges After BofAML Initiates Coverage

Dilip Buildcon Surges After BofAML Initiates Coverage — Shares of the Bhopal-based road maker rose as much as 12 percent, the most in over five months, to record high of Rs 1,124 after international brokerage Bank of America Merrill Lynch initiated coverage on the stock with a ‘buy’ for target price of Rs 1,244. 

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Karda Constructions Makes Weak Stock Market Debut

Gold Silver Reports (GSR) — Karda Constructions Makes Weak Stock Market Debut — The Nashik-based construction company listed at a discount of 24.4 percent at Rs 136 per share on the National Stock Exchange, compared to its issue price of Rs 180 apiece.              

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ICICI Bank Falls Over3% In Pre-Market Trade

ICICI Bank Falls Over3% In Pre-Market Trade — Shares of the country’s leading private sector lender fell as much as 3.02 percent to Rs 270 after reports alleged quid pro quo between Videocon Group and the bank’s Chief Executive Officer Chanda Kochhar as well as her family members with respect to extending a loan worth Rs 3,250 crore, an issue that has snowballed into a controversy even as the lender has come out in defence of Kochhar.   

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