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Nirmal Bang Commodities' Kunal Shah positive on metals

Updated : November 14, 2020 20:57:46 IST

Kunal Shah, head-commodities & currency research at Nirmal Bang Commodities said he is positive on metals.

In an interview to CNBC-TV18, he said, "Expect copper to test levels of Rs 575-580 per kg in the first half of 2021."

"I also expect nickel to outperform and test levels of Rs 1,300-1,350 per kg on Multi Commodity Exchange of India (MCX). Therefore, whatever correction is seen in metals – just buy," he said.

Shah expects silver to give a return of 18-20 percent in 2021.
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