Commodity Bets: Expert bullish on silver, crude, copper

NS Ramaswamy of Ventura Securities recommends buying silver on MCX March contract at Rs 58,450-58,650 per kilogram. Ramaswamy says, "Place a stop loss for this trade at Rs 58,250 per kilogram for upside target of Rs 59,300 per kilogram and beyond that to Rs 59,900 per kilogram."

Dharmesh Bhatia of Kotak Commodities advocates buying crude on MCX at Rs 5,000-5,030 per barrel. "Keep a stop loss for this trade at Rs 4,960 per barrel for upside target of Rs 5,100-5,120 per barrel," Bhatia said. Hitesh Jain of IIFL suggests buying copper on MCX at Rs 448.50 per kilogram with a stop loss at Rs 445 per kilogram for target of Rs 454 per kilogram on the higher side. Ravindra Rao of Motilal Oswal Commodities advises buying nickel on MCX on dips to Rs 965 per kilogram. Rao adds, "Maintain a stop loss for this trade at Rs 950 per kilogram for upside target of Rs 990-1,000 per kilogram." Also Read: US markets close lower; Euro, brent crude, gold slip
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