Commodity bets: Buy copper & crude; sell lead

Ravindra Rao of Motilal Oswal Commodities advises buying copper towards Rs 445 per kilogram with a stop loss of Rs 442 per kilogram on the lower side with a target of Rs 450 per kilogram and then Rs 452 per kilogram on the higher side. 

N Prasad of Safetrade Advisors recommends to buy MCX crude around Rs 5,190 per bbl with a stop loss of Rs 5,170 per bbl for a target of Rs 5,240 per bbl Dharmesh Bhatia of Kotak Commodities suggests shorting nickel. "Any rise towards Rs 991 per kilogram is a good level to short, higher level is around Rs 1,000 per kilogram with a stop loss of Rs 1,009 per kilogram hold short for a target of Rs 965-950 per kilogram," Bhatia adds.
    
Sumeet Bagadia of Destimoney Commodities advises sell on lead. Bagadia says, "Rise in prices till Rs 130 or Rs 131 per kilogram in MCX should be used as selling opportunity with a stop of Rs 132 per kilogram on higher side for initial target of Rs 127 per kilogram. If prices are able to break and give close below Rs 127 per kilogram then further selloff can be seen till Rs 125 per kilogram in next couple of days."