Commodity Bets: Tips to trade gold, copper, nickel & lead

Sreekanth Jha of PJ Commodity Ventures advises selling MCX gold for a target of Rs 27,000 per 10gm.

Renisha Chainani of Edelweiss recommends buying copper on MCX. "Maintain a stop loss for this trade at Rs 423 per kilogram for a target of Rs 430-432 per kilogram", Chainani adds. Navneet Damani of Motilal Oswal advocates selling MCX nickel. Damani says, "Keep a stop loss for this trade at Rs 860 per kilogram for a target of Rs 820-808 per kilogram". Hitesh Jain of IIFL suggests buying MCX lead. Place a stop loss for this trade at Rs 128 per kilogram for target of Rs 131 per kilogram.