Priyank Upadhyay of SSJ Finance & Securities suggests buying crude at Rs 4,970 per bbl with stop loss below Rs 4,930 per bbl and pullback rally expected to Rs 5,030-5,050 per bbl.
Dipen Shah of Stayvan.com recommends buying silver on dips around Rs 54,500 per kilogram with a stop loss of Rs 54,200 per kilogram for target of Rs 54,900 per kilogram to Rs 55,200 per kilogram on the higher side. Crude demand to improve; bearish on gold: Kishore Narne NS Ramaswamy of Ventura Securities advises going short on nickel in the range of Rs 912-915 per kilogram for target of Rs 901 per kilogram and beyond that to Rs 897 per kilogram with a stop loss of Rs 922 per kilogram. Dharmesh Bhatia of Kotak Commodities advocates short on copper. Bhatia says, "Go short at higher levels around Rs 420-430 per kilogram maintaining a stop loss of Rs 433 and hold short for a target of previous low of Rs 423 to Rs 421 per kilogram."Discover 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!