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Expect positive up move on commodities: Prakash Diwan, Altamount Capital Management

Meena Kumari by Meena Kumari
Thursday, October 3rd, 2013
in Business
0
Expect positive up move on commodities: Prakash Diwan, Altamount Capital Management

Prakash Diwan,Prakash Diwan: From a long horizon, commodities provide some type of a benefit and a focus. If things ar about to begin trying up within the U.S.A. Some variety of positive up move are going to be expected here also.

However, there\’s heap|plenty|lots} of bags once you cross-check stock specific activity—a lot of leverage to grapple with, lots of lag that they have to induce out of.

Hence, I don\’t suppose it\’s about to be a pointy up move; but, you\’ll see consolidation which will begin taking things higher.

Tags: grapplePrakash Diwan
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