Amar Singh, head business development, research for commodities and currencies, Aditya Birla Money expects to see further rally in crude.
From an intraday perspective, Singh recommends buying crude on dips. "In domestic market, Rs 5,435 can be a buying level with a stop loss at Rs 5,390 targeting Rs 5,520," he said. He expects the medium term trend for gold to remains bearish. "We are likely to witness selling pressure coming in gold anywhere around USD 1,655-1,660 internationally," he added. Below is the edited transcript of SinghDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
