Commodity Corner: Experts bullish on crude, lead & zinc

Dipen Shah of stayvan.com advocates buying crude on MCX on dips to Rs 4,720 per barrel. "Keep a stop loss for this trade at Rs 4,680 per barrel for targets of Rs 4790-4810 per barrel on the higher side," Shah adds.

Renisha Chainani of Edelweiss Financial Services recommends buying lead on MCX above Rs 125 per kilogram. "Place a stop loss for this at Rs 122 for upside target of Rs 128-130," Chainani says. Also Read: Govt mulling gold-linked schemes to curb imports Sumeet Bagadia of Destimoney Commodities suggests buying zinc on MCX on dips to Rs 112 per kilogram. Bagadia adds, "Maintain a stop loss for this trade at Rs 111 per kilogram for initial target of Rs 113.50 per kilogram and beyond that to Rs 115 per kilogram." Dharmesh Bhatia of Kotak Commodities advises going long on lead on MCX at Rs 123 per kilogram with a stop loss at Rs 121 per kilogram for upside target of Rs 126-127 per kilogram.