Commodity Bets: Tips to trade gold, silver, crude, copper

Ashish Shah of Sushil Global Commodities recommends selling gold on MCX at current market price and rallies to Rs 30,800 per 10 grams. Shah says, "Place a stop loss for this trade above Rs 30,850 per 10 grams for target of Rs 30,500 per 10 grams level."

Ashish Kyal, Managing Director of Waves Strategy Advisors suggests selling silver on MCX on rallies upto Rs 58,300 per kilogram. "Keep a stop loss for this trade at Rs 58,600 per kilogram for target of Rs 57,700 per kilogram," Kyal adds. Shreekant Jha of PJ Commodity Ventures advises buying crude on MCX at Rs 4,950 per barrel for upside target of Rs 5,050 per barrel. Priyank Upadhyay of SSJ Finance & Securities advocates selling copper on MCX at Rs 442-443 per kilogram. Upadhyay says, "Maintain a stop loss for this trade at Rs 446 per kilogram for target of Rs 436-434 per kilogram." Related Links: Sell MCX Crude Jan around Rs 4920; SL Rs 4970: Fortune Fin