Precious Metals Space

After yesterday's big bloodbath in the Commodity Research Bureau (CRB) Index, a lot of the commodities are in terrible pain. A combination of things and a lot of people are trying to exit the market at one time has helped contribute to this big sell off, said Jonathan Barratt of Commodity Broking Services.

Best commodity bets: Expert advice on crude, gold, silver

The Dec contract on MCX for crude can be bought on dips to Rs 4,700 per barrel with a stop loss at Rs 4,650 per barrel and target of Rs 4,825 per barrel, said Comm Trendz Research & Fund Management's T Gnanasekar. Gold having reached an unmarked territory, PJ Commodity Ventures' Shreekant Jha said that the next target is Rs 29,000 per 10 gram.

Commodity Strategies: Play smart with expert advice

In commodities, Ram Pitre, director of Brics Securities suggested selling crude on a rally between Rs 4,020-4,030 per barrel for a stop loss of Rs 4,060 per barrel and a target of Rs 3,900-3,850 per barrel.

Nifty may slip lower than 4300, says Martin Pring

Martin Pring, president of pring.com expects the Nifty to go to 4,300 levels and possibly much lower than that. Looking at the relative strength chart, he told CNBC-TV18 that the US relative to the rest of the world is rising, which means that the rest of the world has been slipping much faster.