Money makers: Expert tips to make profit in commodity mkt

Hitesh Jain of India Infoline Link advises buying gold MCX February contract at Rs 30,750 per 10 gram levels. Jain says, "Keep a stop loss for this trade at Rs 30, 650 per kilogram for upside target of Rs 30,950 per 10 grams."

Renisha Chainani of Edelweiss recommends buying crude on MCX at Rs 5,120 per barrel levels. Chainani said, "Place a stop loss for this trade at Rs 5,080 per barrel for an upside target of Rs 5,170 per barrel for an upside target of Rs 5,200 per barrel." Ram Pitre of Anand Rathi Commodities suggests buying nickel on MCX at RS 955-960 per kilogram levels. Pitre adds, "Maintain a stop loss for this trade at Rs 950 per kilogram for an upside target of Rs 975-985 per kilogram levels." Priyank Upadhyay of SSJ Finance & Securities advocates buying aluminium on MCX on dips to 113.50-113.70 per kilogram. "Keep a stop loss for this trade at Rs 112.50 per kilogram for target of Rs 115.20 per kilogram and beyond that to Rs 116 per kilogram on the higher side," Upadhyay added. Must Read: Will fascination for gold cease in 2013? Find out