Moneycontrol
Last Updated : Jan 16, 2018 04:11 PM IST | Source: CNBC-TV18

Buy MCX India above Rs 1000, says Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may buy MCX India above Rs 1000.

CNBC TV18 @moneycontrolcom

Rajat Bose of rajatkbose.com told CNBC-TV18, "Multi Commodity Exchange of India is not showing as much strength. When it would show strength? If it were to sustain above Rs 1,000 mark. On the contrary, if it were to fall below Rs 900, that would mean that it can actually slide further down."

"One would do well to invest in this only when it takes out Rs 1,000 or there is a substantial decline and after that there is any bottoming out formation, then invest in MCX. Currently it is not an investment candidate," he added.
First Published on Jan 16, 2018 03:38 pm
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