Commodity bets: Learn to trade gold, crude, copper, silver

Global markets may be in for another volatile ride. In these uncertain times, are commodities the best bet? Here are some commodity trading strategies from experts to help you trade better in the commodity space.

Crude
Ram Pitre, Director, Brics Securities suggests a sell on crude oil between Rs 3,960-3,980 with a stop loss of Rs 4,005 for a target of Rs 3895 and Rs 3850. Copper
For intraday, Naveen Mathur, Associate Director, Commodities & Currencies, Angel Broking recommends selling the MCX November copper contract at around Rs 421 per kg with a stop loss at Rs 425.50 per kg. For the day, his target is in the range of Rs 412-413 per kg. Gold
Ongoing problems in Europe and the weak economic data from the US has Kunal Shah, Research Analyst - Commodities, Nirmal Bang Commodities, feeling that gold prices will shoot up henceforth.
He recommends going long in gold at Rs 28,200 per 10 gm with a stop loss below Rs 28,050 per 10 gm and prices to move up and test Rs 28,450-28,500 per 10 gm on the MCX. Silver
NS Ramaswamy, Head of Commodities, Ventura Securities has a buy call on silver. He suggests Rs 66,380-66,430 as great buy levels with a target of Rs 67,300-67,780.