Sunday, November 7, 2010

Commodities Update - MCX, NCDEX



Media Appearance for Monday 8 November:

830am - NDTV Profit
1230pm - Bloomberg UTV

Please tune in if you are around.

There has been a lot of talk around gold, silver recently so this would be a good time to give an update on Commodities.

All metals including Gold, Silver, Copper, Lead, Aluminium, Nickel are bullish and in uptrends. How long the party lasts remains to be seen but as of now it is safe to remain long in Metals.

In agri space Mentha Oil, Crude palm Oil, Chilli and Rapeseed are in uptrends.

QE2 should have a positive impact on Equity and Commodity markets globally so commodities is an interesting space to be invested in.

1 comment:

Anonymous said...

Hi Hitesh,
Nice charts.
You have the link of the the NDTV profit video ?
~ The Fixer