Commodity Bets: Buy gold, crude; sell silver, say experts

Sugandha Sachdeva of Religare Commodities advises selling MCX lead at levels close to Rs 130 with stop loss at Rs 131.50 and a downside target of Rs 127.50-127.

Priyank Upadhyay of SSJ Finance & Securities suggests buying MCX gold at Rs 30,650 per 10gm. "Keep stop loss for this trade below Rs 30,520 per 10gm and expect target of Rs 30,850-30,930 per 10gm", he adds. Sreekanth Jha of PJ Commodity Ventures Pvt Ltd recommends selling MCX silver at Rs 59,000 per kilogram with a target of Rs 58,000 per kilogram. Ashish Kyal of Waves Strategy Advisors Pvt Ltd advises buying MCX crude on dips. He mentions, "Crude has been finding some support around Rs 5,100 per barrel level. As long as these levels are intact, the trend remains positive in crude. MCX crude can be bought on dips to Rs 5,130 per barrel with a stop loss of Rs 5,100 per barrel and a target of around Rs 5,180 per barrel".