Tips to trade commodities in December series

Sreekanth Jha of PJ Commodity Ventures suggests selling crude on MCX at Rs 4,850 per barrel for target of Rs 4,750 per barrel.

Renisha Chainani of Edelweiss recommends buying MCX zinc December contract at Rs 110.50 per kilogram. "Place a stop loss for this trade at Rs 109.30 per kilogram for upside target of Rs 112-112.50 per kilogram," Chainani says. Also Read: Crude may slip to Rs 4600: Sharekhan Hitesh Jain of India Infoline Link advises buying MCX aluminium December contract at Rs 112.20 per kilogram. Jain says, "Maintain a stop loss for this trade at Rs 111 for target of Rs 114 on the higher side." Ashish Kyal of Waves Strategy Advisors advocates buying MCX copper February contract on dips to Rs 437 per kilogram. "Keep a stop loss for this trade at Rs 434 per kilogram for upside target of Rs 443 per kilogram," Kyal adds.