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

Updated : May 22, 2018 01:16:17 IST

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.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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