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videos | IST

Commodity Corner: Sell crude, buy nickel, says Sumeet Bagadia

Sumeet Bagadia of Choice Broking discussed the current trend in commodities markets.
Speaking about the agricultural commodities, Sumeet Bagadia said, “Soyabean, Rmseed, and soy oil are looking good to me. Rm seed has given a good move in last couple of days. So looking at the chart at present, it seems that we can see excellent move from present levels.”
Bagadia has a sell on crude May contract and recommended initiating long position in nickel May contract.
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