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.