Trading strategies for silver, lead, aluminium & copper

Dipen Shah of stayvan.com recommends buying MCX silver at Rs 53,100 per kilogram with a stop loss at Rs 52,900 per kilogram and a target of Rs 53,800-53,900 per kilogram.

Sumeet Bagadia of Destimoney Commodities advises selling MCX lead at Rs 128 per kilogram. He says, "Any time rise in prices till Rs 128 should be used as selling opportunity with a stop loss to be placed on Rs 130 per kilogram on higher side for the initial target of Rs 125 per kilogram. If prices are able to break and give close below Rs 125 per kilogram then further sell-off can be seen till Rs 123 per kilogram in next one-two days". Dharmesh Bhatia of Kotak Commodities suggests selling MCX aluminium at Rs 112 per kilogram. "Maintain a stop loss of Rs 113 per kilogram and target of Rs 109-108 per kilogram", he adds. N Prasad of Safetrade Advisors advocates selling MCX copper at Rs 425 per kilogram with a stop loss at Rs 428 per kilogram and a target of Rs 421 per kilogram.