HomeNewsBusinessMarketsExperts bullish on crude and zinc, recommend buying copper

Experts bullish on crude and zinc, recommend buying copper

Kunal Shah of Nirmal Bang Commodities recommends shorting crude on MCX at Rs 4,910 per barrel. Shah says, "Keep a stop loss for this trade around Rs 4,945 per barrel for targets of Rs 4,840 per barrel."

October 01, 2012 / 11:28 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Kunal Shah of Nirmal Bang Commodities recommends shorting crude on MCX at Rs 4,910 per barrel. Shah says, "Keep a stop loss for this trade around Rs 4,945 per barrel for targets of Rs 4,840 per barrel."

Ravindra Rao of Motilal Oswal suggests buying copper on MCX on dips to around Rs 438 per kilogram. Rao adds, "Buy copper around Rs 438 per kilogram with a stop loss of Rs 435 for targets of Rs 448-450 per kilogram." N Prasad of Safetrade Advisors advocates selling MCX crude October contract around Rs 4,900 per barrel. "Place a stop loss for this trade around Rs 4,950 per barrel for targets of Rs 4,852 per barrel," Prasad added. Sumeet Bagadia of Destimoney Commodities advises selling zinc on MCX around Rs 111-112 per kilogram with a stop loss of Rs 113.50 per kilogram for downside targets of Rs 108.50-107.
first published: Oct 1, 2012 11:20 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!