Veeresh Hiremath of Karvy Comtrade discusses with Nigel D'Souza and Reema Tendulkar of CNBC-TV18 the current trends in commodities markets.
Here are his top commodity recommendations:
Gold:
One can initiate sell positions around Rs 39,100 for a target price of Rs 38,900 with a stop loss of Rs 39,220.
Crude oil: Sell at around Rs 4,385 for a target of Rs 4,340 with a stop loss of Rs 4,410.
Copper: Sell at around Rs 441.50 for a target of Rs 438 with a stop loss above Rs 443.
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