Commodity bets: Sell gold, crude, copper; buy zinc

Priyank Upadhya of SSJ Finance and Securities advises buying MCX zinc at Rs 113 per kilogram with a stop loss below Rs 112 per kilogram and expect targets of around Rs 114.50 per kilogram followed by Rs 115 per kilogram.

Hitesh Jain of IIFL suggests selling MCX copper. He says, "We would prefer to sell copper February contract around Rs 431 per kilogram with a target of Rs 426 per kilogram and a stop loss of Rs 434 per kilogram". Sreekanth Jha of PJ Commodity Ventures advocates selling MCX crude at Rs 5,150 per barrel with a target of Rs 5,050-5,000 per barrel. Ravindra Rao of Motilal Oswal recommends selling MCX gold at Rs 29,700 per 10gm with a stop loss of Rs 30,000 per 10gm and a target of Rs 29,400-29,300 per 10gm on the lower side.