Sugandha Sachdev of Religare recommends selling crude at Rs 5,100 per barrel to Rs 5,120 per barrel, keeping a stop of Rs 5,160 per barrel, which is a crucial resistance level and prices are likely to trade lower towards level of Rs 5,020 per barrel.
Bearish on FMCG, IT, bullish on banking, telecom: Kotak MF Hitesh Jain of IIFL advocates selling copper April contract at Rs 384 per kilogram with target of Rs 378 per kilogram and stop loss of Rs 388 per kilogram. Shreekant Jha of PJ Commodity Ventures advises selling gold at Rs 27,500 per 10gm and covering around Rs 26,500 per 10gm.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!
