Kunal Shah, head of research - Commodities at Nirmal Bang Commodities feels that traders should go short on oil at Rs 5,270 per barrel with a stop loss placed above Rs 5,310 per barrel and expect prices to move and test levels of Rs 5,190 per barrel.
Sumeet Bagadia of Destimoney Commodities continues to hold his positive view on gold. He expects prices of gold to test levels of Rs 28,600 per 10 grams on higher side. He feels that in corrections till Rs 28,330 per 10 grams, gold is a very good buy with a stop loss to be placed at Rs 28,250 per 10 grams.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!
