HomeNewsBusinessMarketsExperts place bets on which commodities today?

Experts place bets on which commodities today?

On CNBC-TV18, experts give their view on the commodities to bet on during these turbulent times.

November 24, 2011 / 09:32 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

On CNBC-TV18, experts give their view on the commodities to bet on during these turbulent times.

ZINC
Naveen Mathur, Associate Director, Commodities & Currencies, Angel Broking finds that all the fundamentals are weak in the commodity space but from the base metals pack, the zinc contract on MCX November can be bought at Rs 99-99.30 with a stop loss at Rs 97.50 and a target of Rs 100-101. CRUDE
Ashish Shah, Sushil Global Commodities, for today says one can look at crude oil to sell in the range of Rs 5,050-5,080 per barrel with a stop loss above Rs 5,120 per barrel and a downward objective of Rs 4,980-4,950 per barrel on the lower side. SILVER
Sumeet Bagadia, Head of Commodity and Currency research, Destimoney Commodities Pvt Limited finds that after a sharp correction in silver now its time where one can start to build long positions at lower levels. He expects a very good upside move in next one-two months.
first published: Nov 24, 2011 08:41 am

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!