Oct 19, 2012, 11.22 AM IST

Expert tips to trade crude, nickel, silver & natural gas

Sumeet Bagadia Work Head - Commodities & Currency Research at Destimoney Commodities advises buying crude on MCX at Rs 4,870 per barrel with a stop loss of Rs 4,830 per barrel

Bazaar at 08:00 am

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Sumeet Bagadia Work Head - Commodities & Currency Research at Destimoney Commodities advises buying crude on MCX at Rs 4,870 per barrel with a stop loss of Rs 4,830 per barrel. He puts the target at Rs 4,950 per barrel initially and Rs 4,990 per barrel after that.

Also read: Crude may see $95-97/bbl in next 1-2 weeks: IIFL

Dharmesh Bhatia the Associate Vice President at Kotak Commodities suggests going long on nickel MCX at Rs 915 per kilogram. "Place a stop loss for this trade below Rs 900 for target at Rs 955-960 per kilogram" he adds.

Hitesh Jain Research Analyst at IIFL recommends buying silver MCX Dec at Rs 60,650 per kilogram with a stop loss of Rs 60,200 per kilogram for target at Rs 61,300 per kilogram.

N S Ramaswamy Head of Commodities at Ventura Securities advocates selling natural gas bellow Rs 192 per mmbtu. He also says "place a stop loss of Rs 195 per mmbtu for the target of Rs 184 per mmbtu initially and Rs 195 per mmbtu after that".

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