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Derivative Strategy for
August 7, 2012
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Scrip
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CMP
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Recommendation
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Target
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Stop Loss
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NIFTY
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5,297
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BUY
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5,360
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5,270
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GAIL
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361
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BUY
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368
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358
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KOTAK BANK
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562
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BUY
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575
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557
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BPCL
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347
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SELL
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336
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351
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WIPRO
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344
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SELL
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338
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347
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Commodity trading is, in fact, another way to invest where traders buy and sell commodities. Commodities are any good, of high value, to a large group of people. Commodities are consistently produced by a large number of manufacturers to fulfil the needs of entire populations. Commodities are considered resources and generally have a wide range of uses. As for example, commodity includes items like oil, wheat, metals and non-metallic products etc. Trading in commodity be it intraday or for delivery, is separate from the trading of other securities. Moreover, there are separate exchanges for commodity trading. There are exchanges available all over the world, dealing in trading of commodity and investors don’t limit themselves to just one exchange. Investors remain bestowed with freedom to trade any of the exchanges. The market worldwide generally behaves based on pattern, so investors keep track of such price index to decide to enter into the...
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