Commodity bets: Trading tips for gold & silver

N.S.Ramaswamy of Ventura Securities suggests a sell on gold MCX Feb at Rs 31150-31200 per 10 gram with a stop loss at Rs 31300 per 10 gram and a target of Rs 30950-30900per 10 gram.

Also read: Gold holds gains after US fiscal deal Renisha Chainani of Edelweiss Financial Services recommends buying lead on MCX at Rs 128 per kilogram. "Place a stop loss for this at Rs 126 for target of Rs 130-131," Chainani says. Naveen Mathur from Angel Broking recommends a buy on silver MCX March contract at Rs 58300-58400 per kilogram with a stop loss at Rs 57700 per kilogram and a target of Rs 59100-59150 per kilogram. Hitesh Jain of IIFL advocates buying copper MCX Feb at Rs 447 per kilogram with a stop loss at Rs 455 per kilogram and a target of Rs 439.40 per kilogram.