Metal stocks likely to outperform in Mar-Apr: Bhambwani

Published on Tue, Feb 09, 2010 at 17:20 |  Source : Moneycontrol.com

Updated at Tue, Feb 09, 2010 at 17:24  

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Technical Analyst, Vijay Bhambwani is of the view that metal stocks likely to  outperform in March-April.

Bhambwani told CNBC-TV18, "If you actually see copper, aluminum, lead, nickel, zinc they all are taking a drubbing and today you are seeing some kind of semblance of sanity return if you were to call it that in the market prices. I think you will see some more declines in the absolute short-term because the metal prices are likely to go down still further but coming March or maybe April and you will see these cyclical stocks, non-ferrous metal stocks starting to go up again. They will probably be market outperformers as well."

  

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