Crude, natural gas, copper to rise further: Experts

Hitesh Jain of India Infoline Link advocates buying crude MCX January contract at Rs 5,140 per barrel. Jain adds, "Maintain a stop loss for this trade at Rs 5,090 per barrel for upside target of Rs 5,210 per barrel."

Renisha Chainani of Edelweiss recommends buying natural gas on MCX at Rs 188 per mmbtu. Chainani says, "Place a stop loss for this trade at Rs 186 per mmbtu for upside target of Rs 192 per mmbtu." Ram Pitre of Anand Rathi Commodities suggests buying copper on MCX at Rs 436-437 levels with a stop loss of Rs 434 per kilogram for target of Rs 441 per kilogram and beyond that to Rs 445 per kilogram on the higher side. Priyank Upadhyay of SSJ Finance & Securities advises selling zinc on MCX at 107.50 per kilogram levels. “Keep a stop loss for this trade above Rs 108.70 for target of target of Rs 106-105.50 per kilogram,” Upadhyay adds. Also Read: FMC checking quality specification of agri-futures contract