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Oct 25, 2012, 10.42 AM IST
Shreekant Jha of PJ Commodity Ventures advocates selling crude on MCX at RS 4,750 per barrel for target of Rs 4,600 per barrel on the lower side.
Priyank Upadhyay of SSJ Finance & Securities advises buying natural gas on MCX at Rs 183-185 per mmbtu. "Place a stop loss for this trade below Rs 180 per mmbtu for an upside target of Rs 193-195 per mmbtu," he further added. Renisha Chainani of Edelweiss recommends buying nickel on MCX above Rs 890 per kilogram. "Place a stop loss for this trade at Rs 875 per kilogram for an upside target of Rs 915-920 per kilogram," she adds. Ravindra Rao of Motilal Oswal Commodities suggests buying copper on MCX on dips to Rs 422-420 per kilogram. Rao says, "Keep a stop loss for this trade at Rs 418 per kilogram for targets of Rs 428-430 per kilogram on the higher side."
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