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MY: Commodity bets: Buy copper, gold, silver; sell crude
 
Ravindra Rao of Motilal Oswal Commodities suggests a buy on copper MCX with a slight dip at Rs 438 per kilogram with a stop loss of Rs 435 per kilogram and an upside target of Rs 445 per kilogram.
avindra Rao of Motilal Oswal Commodities suggests a buy on copper MCX with a slight dip at Rs 438 per kilogram with a stop loss of Rs 435 per kilogram and an upside target of Rs 445 per kilogram.

Priyank Upadhyay from SSJ Finance & Securities recommends buying silver MCX as the metal has taken support at Rs 62000-61800 per kilogram and is headed high towards Rs 63000 per kilogram in the short-term."You can buy siver at Rs 62300 per kilogram with a stop loss below Rs 61800 per kilogram and an upside target of around Rs 63200 per kilogram," he adds.

Also Read: Go ld steady above $1,700/oz; eyes on Fed meeting

Shreekant Jha of PJ Commodity Ventures advises to sell crude MCX as the commodity did not cross the Rs 5000 per barrel levels and therefore shows sign of weakness and has been coming down since then. He gives an option of selling crude at Rs 4750 per barrel with a target of Rs 4600 per barrel

Hitesh Jain from IIFL advocates to buy gold contract of February at Rs 31260 per 10 gram with a stop loss at Rs 31135 per 10 gram and an upside target of Rs 31450 per 10 gram.
Source