Trading tips for copper, gold and crude

Ram Pitre of Anand Rathi Commodities recommends selling gold between Rs 29,850 per 10gm and Rs 29,900 per 10gm with stop loss of Rs 29,950 per 10gm for target of Rs 29,650 per 10gm.

Remain bearish on gold: Kishore Narne Priyank Upadhya of SSJ Finance and Securities advocates selling copper around Rs 439 per kilogram to Rs 440 per kilogram with stop loss Rs 443 per kilogram and target of Rs 433 per kilogram followed by Rs 431 per kilogram. Sreekanth Jha of PJ Commodity Ventures suggests buying crude. Jha says, "Crude had a volatile day yesterday and it reached high of Rs 5,289 per bbl and low of Rs 5,230 per bbl. It came below Rs 5,200 per bbl level in which case it has given an entry to buy into it. However, a word of caution here, keep stops below Rs 5,100 per bbl since it is begging to show a bit of weakness. So, under the circumstance if one is long on crude then revise exit at Rs 5,250 per bbl and keep below Rs 5,100 per bbl." See Brent hovering around $120-118/bbl: Fat Prophets Hitesh Jain of IIFL advises selling gold April contract Rs 29,600 per 10gm with target of Rs 29,300 per 10gm and stop loss of Rs 29,800 per 10gm.