Commodity bets: Buy copper; sell silver & nickel

Priyank Upadhyay of SSJ Finance & Securities recommends buying copper around Rs 407 per kilogram with stop loss below Rs 403 per kilogram and target around Rs 415 per kilogram followed by Rs 418 per kilogram.  

Not to impose ban on gold coin sales by banks: RBI chief Sumeet Bagadia of Destimoney Commodities advices selling silver around Rs 43,200-43,300 per kilogram with stop loss at Rs 43,700 per kilogram on higher side for initial target of Rs 42,700 per kilogram and if prices close below Rs 42,700 per kilogram then further selloff can be seen till Rs 42,300 per kilogram in one-two days. Hitesh Jain of IIFL suggests selling nickel May contract at Rs 835 per kilogram with target of Rs 817 per kilogram and stop loss at Rs 845 per kilogram.