Ravindra Rao of Motilal Oswal Commodities suggests selling nickel. Rao
says, "We expect prices might come up towards Rs 938 per kilogram
levels, which can be used as a selling opportunity and on the upside the
resistance is at Rs 952 per kilogram, which can be maintained as a
strict stop loss. We expect prices might once again come lower till Rs
910 per kilogram."
Priyank Upadhyay of SSJ Finance & Securities recommends selling
natural gas around Rs 217 per kilogram with a stop loss above Rs 221 per
kilogram and targets of around Rs 210 per kilogram.
Dharmesh Bhatia of Kotak Commodities advocates buying aluminum. "Any decline towards Rs 110 per kilogram and below is a good level to accumulate maintaining a stop loss of Rs 100 per kilogram and hold long for target of around Rs 104-105 per kilogram," Bhatia adds.
Dharmesh Bhatia of Kotak Commodities advocates buying aluminum. "Any decline towards Rs 110 per kilogram and below is a good level to accumulate maintaining a stop loss of Rs 100 per kilogram and hold long for target of around Rs 104-105 per kilogram," Bhatia adds.
commodity bullion bullish while natural gas and metal down
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