Commodity corner: Experts bullish on gold, copper, nickel

Renisha Chainani of Edelweiss recommends buying gold on MCX on dips to around Rs 31,660-31,680 per 10 grams. Chainani says, "Place a stop loss for this trade at Rs 31,610 per 10 grams for an upside target of Rs 31,750-31,800 per 10 grams."

NS Ramaswamy of Ventura Securities advises buying gold MCX December contract above Rs 31,700 per 10 grams. "Maintain a stop loss for this trade at around 31,600 per 10 grams for initial target of Rs 31,850 per 10 grams and beyond that to Rs 32,000 per 10 grams," Ramaswamy says. Also Read: Bullion to trade firm on mixed global mkt sentiments: Angel Dipen Shah of Stayvan.com suggests buying copper on MCX at around Rs 420 per kilogram. "Keep a stop loss for this trade at around Rs 416 per kilogram for targets of Rs 427-429 on the higher side," Shah adds. Priyank Upadhyay of SSJ Finance & Securities advocates buying nickel on MCX at Rs 880 per kilogram with a stop loss of Rs 870 per kilogram for targets of Rs 895-900 per kilogram on the higher side.