Commodities: Are copper, crude, nickel good portfolio bets?

Excerpts from Bazaar on CNBC-TV18 Watch the full show »

Experts tell CNBC-TV18 why copper, crude and nickel are excellent picks from the commodity basket. They also give their reading and outlook on how to trade these commodities today.

Below is an edited transcript. Watch the accompanying video for more.

Copper

T Gnanasekar of Comm Trendz Research recommends investors to buy on dips at Rs 423-425 in the February copper on MCX. He suggests a stop loss at Rs 420 with a target of Rs 440.

Rajini Panicker of MF Global Commodities recommends going short in the February copper on MCX at levels of around Rs 422 -424, placing a stop loss around Rs 427 with a target of Rs 414-411.

Crude

Shreekant Jha of PJ Commodity Ventures tells investors to hang on and stay out of crude until such time that positive break are seen either below 4,900 or above 5,100 levels. He says the short-term trend is down but it gives scope only for intra day trades.

Nickel

Kunal Shah of Nirmal Bang Commodities says to stay long in the Nickel MCX. He suggests going long at Rs 1045 with a stop loss below Rs 1032 and with a target of Rs 1060.